Cox on Sarbox — Mend it, Don’t End It

SEC head honcho Christopher Cox defended the Sarbanes-Oxley law, calling its most contentious provision “benign,” but saying its implementation must be improved.

His comments countered sentiments expressed by Treasury secretary Hank Paulson in a recent speech, who said “often the pendulum swings too far” when it comes to “corrective measures” to deal with corporate scandals.