- December 13, 2025
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It may not be very efficient, and it's hardly ever productive, but even increased regulation can spur certain industries.
Take the Sarbanes-Oxley Act of 2002. The federal government's response to troubles at Enron, Tyco, WorldCom gave American businesses a time-consuming and expensive headache. But it gave accountants across the nation a wave of new work.
For Peter Armstrong, it was an opportunity for change.