In a Q&A in the May issue of Chief Executive Magazine, James Quigley, chief executive of Deloitte & Touche, argues in defense of the Sarbanes-Oxley Act. That may not be too surprising given his firm\u2019s line of business, but he does have some interesting observations, and responses to the usual questions about Sarbox, or SOX.\n\nIn saying the legislation should not be diluted or amended, Quigley disagrees with CIO magazine publisher Gary Beach (who says, repeal Sarbanes Oxley\u2014we\u2019re spending too much on compliance at the expense of other stuff), but Quigley does concede Sarbox\u2019s implementation could be clarified. And he agrees with CIO.com blogger Ben Worthen in thinking the Public Company Accounting Oversight Board could help drive efficiency and effectiveness. But that organization\u2019s guidance, and the Securities and Exchange Commission\u2019s, could occur and be significant without reopening the statute, he says.Quigley\u2019s comment on whether the regulation is \u201cpercolating\u201d into the CIO\u2019s sphere was: "If the software that\u2019s designed is key and fundamental and core to the underlying control systems of the enterprise and the process for preparing their financial statements, I believe it is consistent with the intent."Sadly, he didn\u2019t address IT\u2019s role any further, though the CIO carries many of the risks and responsibilities of compliance.