Describe the criminal penalties under the Sarbanes-Oxley Act of 2002
What will be an ideal response?
The criminal penalties under the Sarbanes-Oxley Act of 2002 include the following:
a. The maximum penalty for securities fraud was raised to 25 years.
b. A new crime was created under this act for destruction, alteration, or fabrication of records; the maximum penalty permitted under the act is 20 years imprisonment.
c. Penalties are increased for CEOs or CFOs who knowingly certify a report that does not meet the requirements of this act; they are now subject to $1 million in fines and up to 5 years in prison. If officers "willfully" certify a noncomplying report, the penalty may be up to $5 million in fines or 20 years in prison or both.
d. Under this act, penalties for mail and wire fraud are raised to 20 years, and for defrauding pension funds, up to 10 years.
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When earliest finish is subtracted from latest finish, we obtain the slack value for the activity
Indicate whether this statement is true or false.
A companywide process that cuts across traditional functional areas, business units, geographic regions, and product lines is a(n):
A) enterprise process. B) master production scheduling process. C) kinetic process. D) full-business process.