Practice Quiz

Paralegal Exam Prep

Category - Legal Envrmt

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Which federal agency enforces the Sarbanes-Oxley Act of 2002?
  1. National Security Council
  2. Federal Judicial Center
  3. Congressional Budget Office
  4. Office of Compliance
  5. Securities and Exchange Commission
Explanation
Answer: E. The Securities and Exchange Commission enforces the Sarbanes-Oxley Act of 2002. The Securities and Exchange Commission was established to regulate securities and protect investors. The Sarbanes-Oxley Act set new standards to improve financial disclosures from corporations and prevent accounting fraud.
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