SB 112-37: Sarbanes-Oxley Reform Act (Passed)

[Southern Senator North Carolina Yankee]

I am afraid I have to object.

I think we should be taking a tougher stand when it comes to foreign firms, especially when it involves financial practices and accounting. We live in a world where China is actively buying up influence in various social media platforms and though we are working to address that, we run the risk of such influences occurring in other areas.

Requiring internal controls on accounting practices, to me sounds like a necessary first step to being able to know or have access to pertinent information as to whether or not a firm is front for a Chinese Gov't owned firm or the CCCP itself.

There are a number of areas where I agree with Libertarians, but I find the dogmatic free trade justification, woefully out of touch with the playing field of the global market as it is today and the recognition of that damage that such has caused, especially within my sub region, therefore I do not find the trade argument very convincing, if anything it has the opposite affect in terms of my opinion towards the amendment.

[Southern Senator North Carolina Yankee]

Nay