Since the implosion of Enron, an astounding string of accounting scandals have stunned the securities markets. WorldCom, Adelphia, and a host of other companies have seen share prices plummet, and SEC and criminal investigations.
The reaction of lawmakers has been equally stunning and surprisingly swift. Last week, Congress passed with near unanimity the Sarbanes-Oxley Act of 2002 (SOA), and President George Bush quickly signed it into law. Most press attention has focused on the SOA’s tougher criminal penalties and the creation of a new Public Company Accounting Oversight Board.
This content has been archived.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
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]