Insights
Client Alert
Key Provisions of the Sarbanes-Oxley Act of 2002
September 01, 2002
Securities Practice Group
In response to recently publicized corporate scandals, Congress passed the Sarbanes-Oxley Act of 2002, which was signed by the President on July 30, 2002. The Act contains sweeping measures dealing with financial reporting, conflicts of interest, corporate ethics and the oversight of the accounting profession, as well as establishing new civil and criminal penalties.