Archive for June 18th, 2009
None of these securities laws were able to prevent the stock market decline of 2000. Sarbanes Oxley was passed in 2002 in reaction to several corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, and WorldCom. The legislation set new or enhanced standards for all U.S. public company boards, management, and public accounting firms. The act contains 11 titles, or sections, ranging from additional corporate board responsibilities to criminal penalties, and requires the Securities and Exchange Commission (SEC) to implement rulings on requirements to comply with the new law.
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Recent Posts
- CATO & Reason Demonstrate Ignorance of Property Rights – Patents
- SOPA, PIPA and Kim Dotcom
- H.R.2930 Crowdfunding Passes House
- Book Review: It Is Dangerous to Be Right When the Government Is Wrong: The Case for Personal Freedom
- Obama’s Fundamental Change Means – US is No Longer the LAND OF THE FREE
- Book Review: Why America Has Stopped Inventing?
- The Science of Economic Growth: Part 5
- The Science of Economic Growth: Part 4
- The Science of Economic Growth: Part 3
- A Christmas Tale: ‘I Am My Brother’s Keeper’ – and How it Applied to Patents
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