|Washington, D.C. – U.S. Senator Mike Enzi, R-Wyo., said today that the Securities and Exchange Commission may have finished nearly all of its regulatory tasks regarding the Sarbanes-Oxley Act, but the true work and effects of the law are just being realized.
Enzi submitted a written statement for a Senate Banking Committee hearing on "The Implementation of the Sarbanes-Oxley Act and Restoring Investor Confidence."
Congress passed the Sarbanes-Oxley Act in 2002 to provide more corporate accountability and to restore investor confidence in the securities markets.
The text of Enzi's statement follows.
The Implementation of the Sarbanes-Oxley Act
and Restoring Investor Confidence"
Committee on Banking, Housing, and Urban Affairs
September 8, 2003