Does the Sarbanes-Oxley Act violate the Constitution by vesting members of PCAOB with too much power?

AEI's Michael Greve reacts to the Supreme Court's decision on Sarbanes Oxley and the Public Company Accounting Oversight Board appointments.

The financial crisis was not caused by the disorderly bankruptcy of Lehman Brothers, but by a common shock to all firms: the decline in mortgage values after the housing bubble collapsed, exacerbated by mark-to-market accounting.

The Sarbanes-Oxley Act, its effects on investors, andrecommended reform legislation.

Our constitutional order is becoming markedly less competitive--making government less responsive and leaving critical sectors of our society less dynamic and free. To understand the sources of this trend and its importance, we need first to understand the nature, advantages, and challenges of competition itself.

February 2006'sFinancial Services Outlook outlines an optimal plan for corporate governance.

Peopleneed to understand that the stock market is a risky place and that they themselves are responsible, in the end, for their own investments.