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The Sarbanes - Oxley Act of 2 0 0 2 established the Financial Stability Oversight Council to identify risks to the financial system. mandates that
The SarbanesOxley Act of
established the Financial Stability Oversight Council to identify risks to the financial system.
mandates that firms raise funds for expansion only through the sale of stock or from bank loans, but
not from the sale of corporate bonds.
requires that CEO's personally certify the accuracy of financial statements.
created the Consumer Financial Protection Bureau to be housed in the Federal Reserve.
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