What recent act has attempted to reduce the possibility of more accounting scandals in our economy?

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was enacted to address accountability and transparency in corporate accounting practices, specifically in response to scandals such as Enron and WorldCom. It established stricter regulations for financial reporting and disclosure requirements, as well as increased penalties for fraudulent activities.

What Recent Act Has Attempted to Reduce the Possibility of More