kaal:claim:2273857-036

The partial repeal of Section 404 of Sarbanes-Oxley through the Dodd-Frank Act illustrates that broad rules enacted during times of political expediency are often later retracted.

Source quote, verbatim

The partial repeal of section 404 of SOX70 via the Dodd-Frank Act is another example that illustrates how broad rules enacted during times of political expediency are often later retracted.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II.2.b Contraction, p. 18
https://ssrn.com/abstract=2273857 · source PDF

Cite as

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

Holds when

broad rules enacted under political expediency

Classification

empiricalsupport: evidencedfailure: retraction of politically expedient rulesfamily: regulatory-laginstitutional-design

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