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| | Oxley Talks SOX Successes, Limitations and What He Would Do Over |
 | | Oxley, a Republican, spoke about his eponymous law during a wide-ranging panel discussion called "Oxley Direct" on Monday before about 120 lawyers, business and financial services executives, compliance officers and others at the InterContinental Hotel in Buckhead, Ga. The discussion was hosted by McKenna Long & Aldridge, KPMG and Computer Associates International. |
 | | Oxley said that if he could change one thing about the law, he'd make it more flexible and less one-size-fits-all, especially in relation to small and mid-size public companies. |
 | | In what Oxley -- a lawyer -- referred to as his "closing argument" in the discussion, he said that the overall thrust of the act is self-evident: increasing and establishing penalties for violation, increasing oversight, boosting investor confidence, promoting transparency and preventing debacles such as Enron and WorldCom. |
| www.law.com /jsp/ihc/PubArticleIHC.jsp?id=1129626311920 (1097 words) |
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