How did the CAQ mark the 5th anniversary of the Sarbanes-Oxley Act?
The Sarbanes-Oxley Act (SOX) is a major focus for the CAQ. While SOX has led to important reforms and helped restore confidence in the markets, its fifth anniversary, on July 30, 2007, was an opportunity to explore ways to make the law’s implementation more efficient and effective. That day, the CAQ hosted the SOX Fifth Anniversary event, a panel discussion at the National Press Club in Washington, D.C., which brought together all of the key players in the law’s passage and its implementation. Event participants included the bill’s authors, former Sen. Paul Sarbanes and former Rep. Michael Oxley; the chairmen of the SEC and PCAOB, Christopher Cox and Mark Olson; former SEC Chairmen Harvey Pitt and William Donaldson; and former PCAOB Chairman William McDonough. In conjunction with the event, the CAQ released the results of a national survey on investor confidence, which showed that while investor confidence has increased markedly since the SOX’s enactment, significant work remains to so
