More on Say on SOX

Last November I suggested letting shareholders opt out of SOX – a proposal that was also in my book on SOX with Henry Butler.

Last December, Henry Butler and I had an article in Forbes on this, discussed here, connecting it with “say on pay.”

Now Butler and I have a Washington Legal Foundation Legal Backgrounder developing the “say on SOX” idea.

I understand that this proposal bucks the groundswell for more regulation. But the WLF article shows not only why this idea is good policy, but also why it may not be as politically improbable as it might sound on the surface.