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by chrisbro 3125 days ago
Minor correction: Sarbanes-Oxley was introduced in 2002 after the Enron/Worldcom crises, not after the 2007/2008 financial crises: https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act
3 comments

Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173, commonly referred to as Dodd–Frank) was signed into federal law by President Barack Obama on July 21, 2010.
Yeah SOX did nothing to moderate markets, it was just aimed at (looking like they were) purging crooks out of the system.
Dodd-Frank it was indeed, thanks.