FEATURE: Cox’s Conundrum – Form or Function Creep?

Financial fraud: Image – Renegade98 via

BY PAUL QUIGLEY

When incumbent SEC Chairman Christopher Cox announced what amounts to a root and branch overhaul of reporting, dubbed ‘simplification’, one could be forgiven for concluding that the mass exodus of IPOs to foreign markets and director-level defections had anything to do with such frenetic Federal financial fire-fighting. Will another committee of ‘safe hands’ and a government public relations machine help Cox to bolster confidence in financial reporting? Paul Quigley reports.