Title VI of the Sarbanes-Oxley Act provides additional funding and authority to the Securities and Exchange Commission to follow through on all the new responsibilities outlined in the act.

Question

Quizplus · Accepted Answer

This statement is true. Title VI of the Sarbanes-Oxley Act provides additional funding and authority to the Securities and Exchange Commission to carry out their new responsibilities under the act, including the ability to hire additional staff, and to impose sanctions and penalties for violations of securities laws.

Title VI of the Sarbanes-Oxley Act Provides Additional Funding and Authority