> SOX is, IMHO, one of the most reasonable regulations people came up with in the last decades. SOX is a reasonable regulation, but there should have been a us

> SOX is, IMHO, one of the most reasonable regulations people came up with in the last decades. SOX is a reasonable regulation, but there should have been a useful lower limit below which it doesn't apply. When I was treasurer of a non-profit, I made us carry SOX insurance (along with some other insurances which were by far our biggest annual expenditures). All this was silly given that we had about $2K of dues every year and less than $10K in savings. Consequently, we couldn't possibly have paid for the legal fees required if we got called on SOX compliance. A limit somewhere around $1M in revenue/assets would probably be useful for SOX compliance dropout.