In 2002, in the wake of a series of corporate financial scandals, including those affecting Enron, Arthur Andersen, and WorldCom, the Gramm-Leach-Bliley Act of 2002 was adopted.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was adopted in response to these scandals, not the Gramm-Leach-Bliley Act, which was enacted in 1999 and focused on financial services modernization.

In 2002, in the Wake of a Series of Corporate