3 ms·
TBF, Sox is also protecting the little guy and it has the effect (for better AND worse) of increasing the cost of doing business (properly/legally). When regula
by aksss 4y ago
TBF, Sox is also protecting the little guy and it has the effect (for better AND worse) of increasing the cost of doing business (properly/legally). When regulating small businesses it’s important to be mindful of the overhead inflicted such that significant barriers aren’t being raised to business creation. Similarly, Amazon doesn’t advocate for $15 minimum wage out of altruism, no matter what your thought on the issue - they can afford to pay it whereas more local businesses would struggle and go under. Anti-competitive regulatory advocacy is a thing, so light touches in the SMB arena represent caution as often or more than regulatory capture.