Sarbanes-Oxley Act of 2002 (SOX)
Market reform legislation sponsored by Senator Paul Sarbanes and representative Michael Oxley in the wake of a Series of Wall Street corruption scandals, including Enron and WorldCom. The primary focus of Sarbanes-Oxley was to improve the accuracy of financial information disclosed by U.S. public companies and foreign companies with a U.S. presence. SOX also provided for civil and criminal penalties for violations of the Act.
Browse by Subjects
public accounting firm
Public Company Accounting Oversight Board (PCAOB)
Corporate and Criminal Fraud Accountability Act
CEO/CFO certification
public company
See All Related Terms »

large-cap fund
non acceptance
credit netting
HM Treasury