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solve this question Which of the following statements are correct regarding Sarbanes - Oxley ( SOX ) and Dodd - Frank ( DF ) ?
solve this question Which of the following statements are correct regarding Sarbanes
Oxley SOX and DoddFrank DF
I. DF requires that public firms offer an advisory vote to
shareholders on top executive compensation.
II SOX imposes criminal penalties on the CEO and CFO for fraud
or for retaliation on whistle blowers.
III. The compliance costs for SOX can be substantial and have
encouraged some firms to go dark."
IV DF requires companies to disclose whether directors and
officers are permitted to hold put options which protect their
ownership position in the firm.
I and II only
I and III only
II and III only
I, II and III only
I, II III, and IV
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