In the US the Dodd-Frank Wall Street Reform and Consumer Protection Act does the following:
A)Exempts firms with less than $75 million in publicly traded shares from some provisions of SOX.
B)Requires the SEC to study ways to reduce the cost of SOX for firms with less than $250 million in publicly traded shares.
C)Strengthens whistle-blower provisions of SOX.
D)All of the above.

Question

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act includes provisions that exempt firms with less than $75 million in publicly traded shares from some provisions of SOX (Choice A). It also requires the SEC to study ways to reduce the cost of SOX for firms with less than $250 million in publicly traded shares (Choice B). Additionally, the act strengthens whistle-blower provisions of SOX (Choice C). Therefore, Choice D, "All of the above," is the best answer.