Sarbanes-Oxley Act of 2002 in United States

Definition of Sarbanes-Oxley Act of 2002

A concept of Sarbanes-Oxley Act of 2002 applicable in the United States: Signed into law in July 2002 in response to corporate scandals, the Sarbanes-Oxley Act imposes obligations and penalties on corporate officers and directors of publicly traded companies and mandates increased disclosure by corporations to the Securities and Exchange Commission.

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See Also

• Charity
• Foundation
• NGOs