Asked by MD. MAHMUD SUFIAN Summer 20 on Sep 30, 2024
Which of the following is a provision of the Sarbanes-Oxley Act of 2002?
A) It imposed a maximum of 15 years of imprisonment as punishment for the destruction of documents.
B) It decreased the maximum term of imprisonment for mail fraud and wire fraud to 15 years.
C) It provided legal protection for employees who act as whistleblowers.
D) It shortened the statute of limitations period within which certain securities fraud cases may be filed.
Sarbanes-Oxley Act
A law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.
Whistleblowers
Individuals who expose illegal, unethical, or improper conduct within an organization.
- Contrast the various forms of criminal conduct, highlighting white-collar crimes, and develop an understanding of pertinent legislation, namely the Sarbanes-Oxley Act.
Learning Objectives
- Contrast the various forms of criminal conduct, highlighting white-collar crimes, and develop an understanding of pertinent legislation, namely the Sarbanes-Oxley Act.