Which of the following is true of the Sarbanes-Oxley Act?
A) It is also known as "Lincoln's Law."
B) It discouraged the act of corporate whistle-blowing.
C) It did not protect employees from retaliatory behavior aimed at them.
D) It offered protection to both federal and corporate employees.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act offered protection to both federal and corporate employees who provided information about possible securities violations. Choice A is incorrect as "Lincoln's Law" refers to the False Claims Act. Choice B is incorrect as Sarbanes-Oxley Act actually encourages corporate whistle-blowing by providing protection to those who report wrongdoing. Choice C is incorrect as the act specifically prohibits retaliatory behavior against employees who report securities violations.

Which of the Following Is True of the Sarbanes-Oxley Act