The major purpose of the Sarbanes-Oxley Act of 2002 was to place caps on the compensation that could be paid to corporate executives.

Name: The major purpose of the Sarbanes-Oxley Act of 2002 was to place caps on the compensation that could be paid to corporate executives.
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The major purpose of the Sarbanes-Oxley Act of 2002 was to improve transparency and accountability in financial reporting and to strengthen corporate governance, not to place caps on executive compensation.

The Major Purpose of the Sarbanes-Oxley Act of 2002 Was