Since the passage of the Sarbanes-Oxley Act,

Question

Quizplus · Accepted Answer

The passage states that "some foreign firms have chosen to list their shares on the London Stock Exchange and other European exchanges, instead of U.S. exchanges, to avoid the costly compliance" since the passage of the Sarbanes-Oxley Act. Therefore, option A is the best choice. Option B is incorrect because the passage does not provide any evidence of an increase in the pace of foreign firms listing their shares in the U.S. Option C is also incorrect because the passage does not mention whether firms have passed on the increased cost to their customers. Option D is incorrect because there is information provided in the passage.

Since the Passage of the Sarbanes-Oxley Act