The U.S. Chamber of Commerce had offered up a number of recommendations for changes to the country’s legal and regulatory framework -- taking aim at Securities and Exchange Commission and the Sarbanes-Oxley Act in the process.
The chamber, which lobbies for 3 million companies and more than 800 business associations, has been a vocal critic of both the SEC and SOX -- going so far as to question the constitutionality of the Public Company Accounting Oversight Board, created as part of the legislation, in a lawsuit.
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