Question

The sarbanes-oxley act in 2002 was primarily prompted by ______ from the 1990s?

Answer 1

The correct answer is Corporate accounting and financial fraud

The Sarbanes-Oxley Act is a United States law created on July 30, 2002 at the initiative of Senator Paul Sarbanes (Democrat) and Representative Michael Oxley (Republican). According to most analysts, this law represents the biggest reform of the American capital market since the introduction of its regulation, shortly after the financial crisis of 1929.