But At Least Sarbanes-Oxley Keeps the Securities Practice Humming

Unfortunately, I don't believe there's anything remotely amusing about Sarbanes-Oxley.  There is increasing evidence that SOX:

• has made small public companies an endangered species;
• is threatening the vitality of our dynamic public markets and driving the US more to the model of institutionally-driven markets prevalent elsewhere around the globe;
• is driving foreign companies with a choice of where to list themselves to the London exchange instead of the NYSE; and most importantly
• decreases investor returns on firms complying with SOX compared to a "control group" of similar firms exempt from SOX (because they're foreign-listed).

Would that there were an institutional mechanism making the incentives for Congress to repeal laws equal to the incentives to enact them.  And in the meantime, I miss my (pre-SOX) practice of securities law; those days may be gone for good.