IPO's up by over 45% in 2010...largely because of Sarbanes-Oxley!?!?

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Get out!

The market for IPOs appears to be getting better in the US. In 2008, just 43 new listings were offered; in 2009 the number went up to 63. So far this year, there are more than 100 companies lined up to go public.

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One thing that may be helping the market for US IPOs is the perceived increase in transparency resulting from the 2002 Sarbanes-Oxley Act. Where SarbOx was once blamed for sending IPOs to London or Shanghai, now the effects of the act enhance the US's position as a leader in improving corporate transparency and governance.

It's also true that a listing on a US exchange gives a company access to the most liquid market in the world, as well as the prestige that goes along with a US listing. From year-ago lows, the S&P 500 index has increased by about 60%. The index fell from mid-January to mid-February, but has begun to recover its upward movement. That's good news for the IPO market."

Read the full article here.