Keep Your SOX On

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There has been a lot of talk recently suggesting that the Sarbanes-Oxley Act of 2002 is driving companies away from U.S. stock exchanges to list their initial public offerings on foreign exchanges. These concerns have generated enormous debate and evoked a plethora of "solutions." The question is: Is all this hype or is there a rush to list offshore such that brokers, investment bankers, analysts, lawyers and accountants should fear that they must start looking for a job in London or Tokyo?

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