The five-year anniversary of the Sarbanes-Oxley Act of 2002 comes up on July 30. The act sought to restore investor confidence after financial scandals had deeply soiled the reputations of both American corporations and their executives.

Ample time has passed for Congress to assess whether Sarbanes-Oxley is working. Investor anxiety has calmed. Chief executive officers who thought they were above the law have been prosecuted. Auditors and in-house attorneys now appreciate that their professional obligations expose them to sanctions under the new federal law. But did Congress and the U.S. Securities and Exchange Commission go far enough to ensure greater fidelity in corporate America?

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]