It's Time To Admit
SOX Doesn't Fit Mutuals
The American Legislative Exchange Council is the nation's largest nonpartisan association of state legislators, with 2,400 members nationwide. It is also the latest voice to join the chorus of those rejecting the bizarre notion that policyholders of non-public insurance companies would somehow benefit from the addition of Sarbanes-Oxley rules to the current system of solvency regulation.
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