Nobody downloaded yet

Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934 - Essay Example

Comments (0) Cite this document
Securities Act of 1933 is often considered as ‘Truth of Securities’, which requires an effective set of factors for the companies in terms of calling for registration. The following are the fundamental requirements associated with the Securities Act of 1933.
However, the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934
Read TextPreview

Extract of sample "Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934"

Download file to see previous pages The major requirements associated with the registration of this act includes
The Sarbanes-Oxley Act is deemed to be quite effective in protecting the investors and enhancing the factor of accurateness and reliability in various corporate financial activities. It has further been noted that the act mainly aims at enhancing the above mentioned aspects on a constant basis. By the implementation of strict laws along with rules for audit committees of public companies and binding accounting professionals’ functions under the stated regimes. In this regard, the Act includes a generous set of requirements that ensures prohibition of potential crimes or fraudulent activities regarding the accounting and financial performance of the public ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Essay”, n.d.)
Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Essay. Retrieved from
(Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Essay)
Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Essay.
“Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934

Sarbanes-oxley act 2002

...? SARBANES-OXLEY ACT 2002 Institute Sarbanes-Oxley Act 2002 With the collapse of many huge organizations such as Enron, WorldCom, etc, there was a great need of proper Corporate Governance and control structure within organizations. Governance is about the strategic direction of a company and how that company is controlled. It is the system by which companies are directed and controlled in the interests of shareholders and other stakeholders. These major collapses caused a great concern for shareholders and investors around the globe resulting in a huge decrease in the confidence of both the shareholders...
2 Pages(500 words)Essay

The Securities and Exchange Act of 1933

..., while its citizens are suffering in a horrible economy where nearly 1 out of 10 people are unemployed. 5. The Sarbanes Oxley Act was created as a direct consequence of Enron and a series of other financial scandals including WorldCom, Tyco, and Adelphia. It is my opinion that despite the high cost of implementation the Sarbanes Oxley Act (SOX) of 2002 was a great regulation for the U.S accounting profession. The Sarbanes Oxley Act has already been used to penalize white collar criminals that in the past were laughing at the system. Now financial fraud has severe...
4 Pages(1000 words)Essay

Sarbanes Oxley Act

...), is a United States federal law also known as the Public Company Accounting Reform and Investor Protection Act of 2002 (and commonly called SOX or SarbOx). With the major financial reforms in most of the countries of the world the Sarbanes-Oxley Act was passed in the United states in order to deal with the issues such as establishment of the public company, the level of auditor's independence, proper monitoring of the accounting practices of the company under a board, corporate social responsibility and enhancement in the financial disclosure to the prescribed level by the act. The law is seen as the major reform in the after the New...
8 Pages(2000 words)Essay

Securities act of 1933

...abroad and therefore not be subject to the registration obligations imposed under Section 5 of the 1933 Act. Civil Liability under the 1933 Securities Act Any violation of the registration requirements can be a cause to civil liability for the issuer and underwriters Sections 11, 12(a) (1) or 12(a) (2) of the Act. Additional liability may be imposed under the Securities Exchange Act of 1934 (Rule 10b-5). Impact on Business and Society Securities act 1933 has direct and indirect impact on business and society. After the rule enacted,...
7 Pages(1750 words)Essay

Sarbanes-Oxley Act of 2002

...Sarbanes-Oxley Act of 2002 The Security Exchange Commission (SEC) of the US wields enormous power in regulating publicly listed corporationsto protect people at large. That is why it is a precondition for the companies to register with the SEC before going public. Around 2000 when some of the companies such as Enron, Tyco and WorldCom committed frauds duping public and investors, the SEC was given more powers under a new Act called the Sarbanes-Oxley Act (SOX) of 2002. The Sarbanes-Oxley Act of 2002 was...
2 Pages(500 words)Essay

Sarbanes-Oxley Act of 2002

... Section/# An Overview and Discussion of Sarbanes Oxley As with almost every new piece of legislation, the Sarbanes-Oxley Act of 2002 was put forward as a means of correcting issues that had been understood to negatively impact the system as a whole. As a function of this particular analysis, the author will undertake to highlight and discuss the core elements that underpin the Sarbanes-Oxley act of 2002. Furthermore, rather than merely denoting the changes that it taken place, the analysis will also be contingent upon providing something of a value judgment with regards to whether or not this author believes that the Sarbanes-Oxley act will ultimately be useful and/or beneficial in helping to protect future investors from fraud... . The...
5 Pages(1250 words)Research Paper

Sarbanes-Oxley Act of 2002

...Sarbanes- Oxley Act The Sarbanes-Oxley act which came into effect in 2002 had the core intention of preventing, protecting and deterring future corporate fraud in order to increase shareholders confidence in their investments in public companies. The act imposed duties and costs on listed companies and accounting firms in terms of meeting the stringent regulations and guidelines believed to be necessary in protecting investors’ wealth. Sox changed the manner in which companies are run in several ways. First, the act let to greater requirement to have robust internal control of financial...
1 Pages(250 words)Essay

Sarbanes-Oxley Act of 2002

...Sarbanes-Oxley Sarbanes-Oxley Act of 2002 Organizations from various industries including manufacturing and service firms are expected to oblige to the governance and industrial regulations in the corporate world. Industries that fail to comply with these regulatory requirements are usually subjected to fines and penalties as is clearly stipulated in the legislative act (Valenti, 2008). Some of these regulatory requirements such as state filing and fair lending laws are some of the commonly known compliance requirements that majority of businesses can relate with, having been in operation for some while. Many firms have...
4 Pages(1000 words)Research Paper

1933 Securities Act

...1933 Securities Act 1933 SECURITIES ACT The Securities Act of 1993 is a federal legislation enacted in the aftermath of the 1929 market crash with the aim to enhance transparency in financial statements to enable investors make informed investment decisions, as well as to establish rules and regulations against fraudulent activities and misrepresentation in the securities market (Hecker, 2014). It was the first federal law covering the trade in securities, with this trade governed primarily by state laws before the 1929 market crash and the subsequent federal legislation....
2 Pages(500 words)Essay

Securities Act of 1934

...SECURITIES ACT OF 1934 While on the market, securities and issuers are regulated by the Securities Exchange Act of 1934. The regulation incorporates; brokers, securities sales, exchanges, and dealers. In accordance to the act, financial information that pertains to some corporations should be disclosed publicly. The SEC reaches its objective through insider trading and short-swing profits. Inside information is accessed by directors, officers, and more than 10% of shareholders. Through Section 16 of the act, the individuals who have access to inside information have to...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934 for FREE!

Contact Us