Former US Senator Paul Sarbanes, one of the driving forces behind the Sarbanes-Oxley Act that was enshrined in law after the collapse of Enron a decade ago, this week warned that any weakening of the legislation could result in a “scandal waiting to happen”.
The SEC Historical Society yesterday hosted a conversation between Sarbanes and former US representative Michael Oxley on the tenth anniversary of the signing of the Sarbanes-Oxley Act by President George Bush.
