Stocks plummeted only when it became clear that Washington was going to pass the Sarbanes-Oxley Act.
Recurring, cyclical, long-run, abnormal profits such as from regulatory mandates like the 2002 Sarbanes-Oxley Act.
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One of the most damaging regulations imposed on the American people is the Sarbanes-Oxley Act.
The Sarbanes-Oxley Act tosses around words such as misconduct and fraud without defining them.
The Sarbanes-Oxley act, passed in 2002, has superseded the statute under which Andersen was convicted.
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The Sarbanes-Oxley Act (SOx) governs the auditing process and the process for developing the standards for performing it.
These, along with the demands of the Sarbanes-Oxley Act, have produced a surge in demand for compliance specialists.
Yet the Sarbanes-Oxley act significantly restricted auditors' ability to cross-sell other services in order to bolster their independence.
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In July 2002 America's Congress passed the Sarbanes-Oxley act to disentangle conflicts of interest at (among other places) accounting firms.
The Securities and Exchange Commission and other federal regulators are currently considering revising auditing standards adopted five years ago in the Sarbanes-Oxley Act.
This is to say nothing of Eliot Spitzer's bungled global Wall Street settlement and a soon-to-be watered down Sarbanes-Oxley Act.
His appointment to the new audit-oversight committee, which had been established under the Sarbanes-Oxley act on corporate governance, was already controversial.
The Sarbanes-Oxley Act of 2002 increased the role directors play in weeding out fraud and their potential liability for overlooking it.
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In 2002 the Sarbanes-Oxley act limited what kind of non-audit services an American accounting firm can offer to an audit client.
And that means corporate directors and executives are starting to worry about being sued under the Sarbanes-Oxley Act for bungling the job.
It also entails open-ended and murky exposure to legal liability, much of which stems from reporting requirements imposed by the Sarbanes-Oxley Act.
Violations of Section 302 of the Sarbanes-Oxley Act are criminal acts.
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Unlike the U.K., that portion of the U.S. inspection report is private under the Sarbanes-Oxley Act of 2002, except in limited circumstances.
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Gensler was also an instrumental player in the Sarbanes-Oxley act, and remember what a great job that law did in preventing financial strife?
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The Sarbanes-Oxley act and other measures may lull investors into feeling that it is safe once again to go back into the water.
New auditing requirements inspired by the Sarbanes-Oxley act have doubled the cost of preparing a firm's books for the public, according to one executive.
The Sarbanes-Oxley Act of 2002, Section 203, imposed a five-year rotation and five-year cooling-off period, from a seven-year rotation with a two-year cooling-off period.
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And at some point Congress will have to clean up the antigrowth messes in the Sarbanes-Oxley Act that are disproportionately damaging small and medium-size companies.
Or will they be punitive and costly like the Sarbanes-Oxley Act?
While he applauds recent reforms like the Sarbanes-Oxley Act and the New York Stock Exchange's new corporate governance rules, Bogle insists that we must do more.
The recent financial crisis presented auditors and, by extension, the Sarbanes-Oxley Act audit reforms, with their first big test since these reforms were put into place.
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Until the Sarbanes-Oxley Act of 2002 was passed after Enron, the audit industry was self-regulating and established its own professional standards, enforced only via peer reviews.
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In the financial services industry, personal information is protected by the Sarbanes-Oxley Act of 2002 (SOX), which enacted stringent requirements for the protection of confidential information.
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Additionally, the Sarbanes-Oxley Act of 2002 (SOX) mandates corporations set up procedures for whistle-blowers to provide information, specifically through an anonymous reporting channel, without retaliation from superiors.
Any hint of accounting irregularities, for which the Sarbanes-Oxley Act imposes dire penalties, causes corporate managers to freeze up and conservative investors to head for the exits.
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