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Hottest Selling sarbanes oxley Products Applications and Goals of the Act The Act was signed into law by President Bush on July 30, 2002. Certain provisions in the Act were at the time subject to final rulemaking by the Securities and Exchange Commission or after other delays. Some crucial provisions, however, came into effect immediately and required quick action by companies. The Act has 11 titles encompassing 69 sections. The official printed text is 66 pages in length. It was adopted by Congress virtually unopposed. The Act signals the most intense scrutiny of corporate behavior affecting the securities markets since the passage of the Securities Exchange Act of 1934 (known as the "Exchange Act"). The goal is greater transparency and accuracy in reporting of corporate finances and transactions, and the requirements of the Act apply not only to U.S. publicly traded companies, but to investment companies and all foreign companies which have securities publicly traded on a national securities exchange or on Nasdaq. The Act applies to all "issuers" whose securities are registered under Section 12 of the Exchange Act or who are required to file report under Section 15(d) of the Exchange Act or who have filed a registration statement for securities under the Securities Act of 1933 which has not yet become effective. The access the full text of the Act click on the following link: Sarbanes-Oxley Act of 2002 http://www.sec.gov/about/laws/soa2002.pdf Articles on sarbanes oxley:
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