https://www.sec.gov/rules/other/265-23/2652364.pdf
Does the current securities regulatory system adversely impact or enhance this country's culture of
entrepreneurship? Has the current system impaired or enhanced the ability of American companies to
compete on a global basis? If so, how?
SOX adversely impacts this country's culture of entrepreneurship; since SOX makes it much less
desirable for a smaller company to go public or be public, and going public was one of the major goals of
many entrepreneurs. SOX makes American public companies less productive and therby impairs
American companies' ability to compete.
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