Question

________ is a federal law enacted in 2002 that set new and expanded requirements for how public company boards, management and accounting firms operate and comply within the law.

Answer 1

Sarbanes-oxley act

Step-by-step explanation:

The Law takes the name of Senator Paul Sarbanes (Democrat) and Congressman Michael G. Oxley (Republican). It was approved in order to monitor publicly traded companies, preventing their shares from being doubtfully altered, while their value is lower. Its purpose is to avoid fraud and bankruptcy risk, protecting the investor.