On July 30, 2002 President George W. Bush signed into law the Sarbanes-Oxley also known as the 'Public Company Accounting Reform and Investor Protection Act' (in the Senate) and 'Corporate and Auditing Accountability and Responsibility Act' (in the House) or SOX for a short reference. This legislation was passed resoundingly both chambers of Congress, because of investor outcry against bad audits and lacking oversight on corporate boards that did not foresee failure of high flying companies such as Enron. Over a decade later, a debate lingers about the act. Some say the act hurts corporations, while other claim it helps corporation govern properly with transparency. Post your thoughts and explain the details of your pro or con stance of the legislation.