The Sarbanes-Oxley Act:

Question

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The Sarbanes-Oxley Act, enacted in response to financial scandals in the early 2000s, imposes strict regulatory requirements on all publicly traded companies in the U.S. While it does not directly address foreign investments in specific sectors, its stringent reporting and compliance requirements have made cross-listing in the U.S. less attractive for some foreign firms due to the increased costs and regulatory burdens, thereby reducing the value of such listings.