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Regulation Must Be a Problem - Get Rid of It

It seems that (the title) is the thinking of our illustrious congressmen (and maybe women too).  Floyd Norris at The New York Times (here) describes efforts to undo much of the 2002 Sarbanes-Oxley legislation that has provided improved protection for investors by requiring corporations to institute internal controls to prevent fraud.

Well, let's get rid of that.  It is stifling innovation.

Hat tip to Barry Ritholtz at The Big Picture (here).