Boats & Ships Corporation is a public company, which Colorado regulates and in which Dennis invests. The Sarbanes-Oxley Act of 2002 introduced direct federal corporate governance requirements to

Question

Boats & Ships Corporation is a public company, which Colorado regulates and in which Dennis invests. The Sarbanes-Oxley Act of 2002 introduced direct federal corporate governance requirements to​

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 introduced direct federal corporate governance requirements to public companies like Boats & Ships Corporation. It established guidelines for financial reporting, internal controls, and disclosure requirements for public companies. It did not introduce direct federal governance requirements for private investors, state regulators, or the Securities and Exchange Commission.

Boats & Ships Corporation Is a Public Company, Which Colorado