Securities Lawyer's Deskbook
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The

Sarbanes-Oxley Act of 2002





Table of Contents


    Sarbanes-Oxley Act of 2002 in PDF (suitable for printing).

    Tables -- An Index of Sections Affected by the Sarbanes-Oxley Act of 2002.






    Section 1 -- Short title

    Section 2 -- Definitions

    Section 3 -- Commission Rules and Enforcement


    TITLE I

    PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD

    Section 101 -- Establishment; Administrative Provisions

    Section 102 -- Registration with the Board

    Section 103 -- Auditing, Quality Control, and Independence Standards and Rules

    Section 104 -- Inspections of Registered Public Accounting Firms

    Section 105 -- Investigations and Disciplinary Proceedings

    Section 106 -- Foreign Public Accounting Firms

    Section 107 -- Commission Oversight of the Board

    Section 108 -- Accounting Standards

    Section 109 -- Funding


    TITLE II

    AUDITOR INDEPENDENCE

    Section 201 -- Services Outside the Scope of Practice of Auditors

    Section 202 -- Preapproval Requirements

    Section 203 -- Audit Partner Rotation

    Section 204 -- Auditor Reports to Audit Committees

    Section 205 -- Conforming Amendments

    Section 206 -- Conflicts of Interest

    Section 207 -- Study of Mandatory Rotation of Registered Public Accounting Firms

    Section 208 -- Commission Authority

    Section 209 -- Considerations by Appropriate State Regulatory Authorities


    TITLE III

    CORPORATE RESPONSIBILITY

    Section 301 -- Public Company Audit Committees

    Section 302 -- Corporate Responsibility for Financial Reports

    Section 303 -- Improper Influence on Conduct of Audits

    Section 304 -- Forfeiture of Certain Bonuses and Profits

    Section 305 -- Officer and Director Bars and Penalties

    Section 306 -- Insider Trades During Pension Fund Blackout Periods

    Section 307 -- Rules of Professional Responsibility for Attorneys

    Section 308 -- Fair Funds for Investors


    TITLE IV

    ENHANCED FINANCIAL DISCLOSURES

    Section 401 -- Disclosures in Periodic Reports

    Section 402 -- Enhanced Conflict of Interest Provisions

    Section 403 -- Disclosures of Transactions Involving Management and Principal Stockholders

    Section 404 -- Management Assessment of Internal Controls

    Section 405 -- Exemption

    Section 406 -- Code of Ethics for Senior Financial Officers

    Section 407 -- Disclosure of Audit Committee Financial Expert

    Section 408 -- Enhanced Review of Periodic Disclosures by Issuers

    Section 409 -- Real Time Issuer Disclosures


    TITLE V

    ANALYST CONFLICTS OF INTEREST

    Section 501 -- Treatment of Securities Analysts by Registered Securities Associations and National Securities Exchanges


    TITLE VI

    COMMISSION RESOURCES AND AUTHORITY

    Section 601 -- Authorization of Appropriations

    Section 602 -- Appearance and Practice Before the Commission

    Section 603 -- Federal Court Authority to Impose Penny Stock Bars

    Section 604 -- Qualifications of Associated Persons of Brokers and Dealers


    TITLE VII

    STUDIES AND REPORTS

    Section 701 -- GAO Study and Report Regarding Consolidation of Public Accounting Firms

    Section 702 -- Commission Study and Report Regarding Credit Rating Agencies

    Section 703 -- Study and Report on Violators and Violations

    Section 704 -- Study of Enforcement Actions

    Section 705 -- Study of Investment Banks


    TITLE VIII

    CORPORATE AND CRIMINAL FRAUD ACCOUNTABILITY

    Section 801 -- Short Title

    Section 802 -- Criminal Penalties for Altering Documents

    Section 803 -- Debts Nondischargeable if Incurred in Violation of Securities Fraud Laws

    Section 804 -- Statute of Limitations for Securities Fraud

    Section 805 -- Review of Federal Sentencing Guidelines for Obstruction of Justice and Extensive Criminal Fraud

    Section 806 -- Protection for Employees of Publicly Traded Companies Who Provide Evidence of Fraud

    Section 807 -- Criminal Penalties for Defrauding Shareholders of Publicly Traded Companies


    TITLE IX

    WHITE-COLLAR CRIME PENALTY ENHANCEMENTS

    Section 901 -- Short Title

    Section 902 -- Attempts and Conspiracies to Commit Criminal Fraud Offenses

    Section 903 -- Criminal Penalties for Mail and Wire Fraud

    Section 904 -- Criminal Penalties for Violations of the Employee Retirement Income Security Act of 1974

    Section 905 -- Amendment to Sentencing Guidelines Relating to Certain White-Collar Offenses

    Section 906 -- Corporate Responsibility for Financial Reports


    TITLE X

    CORPORATE TAX RETURNS

    Section 1001 -- Sense of the Senate Regarding the Signing of Corporate Tax Returns by Chief Executive Officers


    TITLE XI

    CORPORATE FRAUD AND ACCOUNTABILITY

    Section 1101 -- Short Title

    Section 1102 -- Tampering with a Record or Otherwise Impeding an Official Proceeding

    Section 1103 -- Temporary Freeze Authority for the Securities and Exchange Commission

    Section 1104 -- Amendment to the Federal Sentencing Guidelines

    Section 1105 -- Authority of the Commission to Prohibit Persons from Serving as Officers or Directors

    Section 1106 -- Increased Criminal Penalties under Securities Exchange Act of 1934

    Section 1107 -- Retaliation Against Informants





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