Jim Cramer of the TV Show Wall St. Confidential says SOX is doing good.

“I think it has served as a barrier the Securities and Exchange Commission always should have had,” Cramer said. “The SEC’s view is that everything can come public, provided that you disclose,” which is not protective of anyone.

TheStreet.com TV Recap: Sarbanes-Oxley Has Worked, By TheStreet.com Staff, 2/9/2007 2:25 PM EST

He doesn’t think SOX is inhibiting IPOs; rather there were a lot of IPOs last year, and right now there aren’t many companies ready to IPO.

Maybe it’s good risk management for companies to say what they’re doing financially.

-jsq