kaal:claim:2273857-037

Foreign issuers began delisting from United States exchanges after the enactment of Section 404 of Sarbanes-Oxley and identified that section as a leading cause of their decision to delist.

Source quote, verbatim

Foreign issuers began to delist from U.S. exchanges after the enactment of section 404, referred to this section as a leading cause for their decision to delist.

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

foreign issuers listed on U.S. exchanges after 2002

Classification

empiricalsupport: assertedinstitutional-design

Verify

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Attestation record: colloquium/attestations/e80e998b3d1d212d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2273857-037.md | sha256sum