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Sarbanes-Oxley (SOx) was enacted in 2002. What is the purpose of this legislation? Does anyone recall what events took place to bring forth this legislation?

Sarbanes-Oxley (SOx) was enacted in 2002. What is the purpose of this legislation? Does anyone recall what events took place to bring forth this legislation? Does anyone have experience with setting up, adherence or impact/benefit of the legislation?

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