Archive for January 9th, 2009

How Are You Liable Under The Sarbanes Oxley Act

With the passage of the Sarbanes Oxley Act, two different legal routes for punishment were created, one for criminal penalties and one for civil penalties.
The civil penalties for the Sarbanes Oxley Act are listed under 15 U.S.C. 7241 (Section 302). These penalties are designed to make certain full and accurate financial disclosure is made, and […]