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Sarbanes-Oxley Is Defended by Nasdaq CEO

Traders Magazine, August 2004

Editorial Staff

The Public Investor Protection Act of 2002, better known as Sarbanes-Oxley, works and, despite complaints, should not be reformed. That is the opinion of Robert Greifeld, president and chief executive of Nasdaq, who recently wrote an op-ed piece for the Wall Street Journal. "Unlike some others on Wall Street, I support Sarbanes-Oxley. It a good thing," Greifeld wrote. He added that the reform didn't need to be reformed.

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