The Sarbanes-Oxley Act reduced the responsibilities of the board of directors.

Name: The Sarbanes-Oxley Act reduced the responsibilities of the board of directors.
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The Sarbanes-Oxley Act increased the responsibilities of the board of directors, specifically in terms of financial reporting and oversight. It also established a regulatory framework for public companies to follow to ensure transparency and accountability.

The Sarbanes-Oxley Act Reduced the Responsibilities of the Board of Directors