Since the Sarbanes-Oxley Act of 2002, the initial returns resulting from an IPO have generally been smaller.

Name: Since the Sarbanes-Oxley Act of 2002, the initial returns resulting from an IPO have generally been smaller.
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The Sarbanes-Oxley Act of 2002 increased regulations and requirements for public companies, including those going through an IPO. This has made the process more expensive and time-consuming, leading to smaller initial returns for IPOs.

Since the Sarbanes-Oxley Act of 2002, the Initial Returns Resulting