The passage of Sarbanes-Oxley created a stronger firewall between investment banking activities and the role of financial analysts.

Question

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The Sarbanes-Oxley Act of 2002 included provisions to strengthen the independence of financial analysts in order to prevent conflicts of interest with investment banking activities. This included creating a stronger firewall between the two roles.

The Passage of Sarbanes-Oxley Created a Stronger Firewall Between Investment