Donald Trump - Should the Sarbanes-Oxley Act be repealed?

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Donald Trump The Sarbanes-Oxley Act should be repealed. "it really puts this country at a competitive disadvantage"

Evidence approved (9/22/2008 11:44:04 AM)

"it really puts this country at a competitive disadvantage"

From this Larry King Live transcript:

KING: Do we need more regulation?

TRUMP: I would hope not, Larry. There's so much regulations. If you look at Sarbanes-Oxley, I know companies that don't move because of Sarbanes-Oxley. They can't get out of their own way. And you go to other companies and they don't have the regulation. And we're in a tremendous disadvantage in this country. You go to other countries and there isn't that same regulation.

So, it really puts this country at a competitive disadvantage. So hopefully, there'll be some type of minor regulation. But it's the times and it's greed and I'm not sure you can ever do anything about pure greed.