The Sunshine Report

Category Archive: Chris Cox

1. Good Regulation Requires Good Regulators

   0 Post on December 19, 2008

   As the SEC comes to grips with the Bernie Mad­off scan­dal, I am reminded of a law school course that I took 25 years ago where I was taught that good reg­u­la­tion requires good reg­u­la­tors. Unfor­tu­nately, the SEC has turned into a bad reg­u­la­tor and has lost the respect of the pub­lic it is sup­posed […] [read full story]

   Posted in: Chris Cox, Criminal Law, Finance, Madoff, Mary Schapiro, SEC

2. Regulatory Reform is Needed Now To Prevent The Next Bubble and Crisis

   0 Post on October 20, 2008

   Like a pet ger­bil run­ning end­lessly on a cir­cu­lar wheel, Gov­ern­ment lead­ers are putting all of us on the eco­nomic tread­mill of ser­ial fail­ure. Calls for an imme­di­ate inves­ti­ga­tion into what went wrong and why are going largely unheeded as gov­ern­ment lead­ers claim that a witch hunt is the last thing we need now. Well, I […] [read full story]

   Posted in: Bernanke, Bush Administration, Chris Cox, Credit Crisis, economy, FDR, Finance, Fiscal Policy, McCain, Obama, Paulson, SEC

3. What does it take to be unfit to be an officer or director of a public company?

   0 Post on October 12, 2008

   I have a ques­tion for Chris Cox, Chair­man of the SEC. What does it take to be deemed unfit to serve as an offi­cer or direc­tor of a pub­lic com­pany? I ask this ques­tion because I made the mis­take of read­ing the Sar­banes Oxley Act and I am now con­fused. I can’t fig­ure out what […] [read full story]

   Posted in: Chris Cox, Confidence, Executive Fitness, Finance, REGULATION, Regulatory Reform, Sarbanes Oxley, SEC

4. McCain: “Fire Cox”; Sunshine: “McCain’s wrong. Fire Cox and then exile him. His family can stay…they aren’t guilty.”

   1 Post on September 20, 2008

   Almost all paths of incom­pe­tence in the cur­rent cri­sis run through the office of the Chair­man of the SEC, Chris Cox. McCain’s solu­tion to fire Cox isn’t tough enough. Exile is bet­ter. For­tu­nately for Cox this isn’t the Stal­in­ist Soviet Union or his fate could be a lot worse. Cox’s fail­ures are too numer­ous to count. […] [read full story]

   Posted in: Accounting, Chris Cox, Disclosure, economy, FAS 157, FAS 159, FASB, McCain, SEC, Short Selling