Spectrum Paints Inc. is a public company whose shares are traded in the public securities markets. Under the Sarbanes-Oxley Act of 2002, the firm is subject to the direct corporate governance requirements of

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The Sarbanes-Oxley Act of 2002 is a federal law that sets forth requirements for all U.S. public company boards, management, and public accounting firms, thereby subjecting Spectrum Paints Inc. to the direct corporate governance requirements of the federal government.