This consists of a hypothetical question. Support your answers! Your answers should reflect your knowledge of the business concepts being raised in the questions and your ability to apply business concepts and terminology to the specific scenario presented.

Daisy, Donald, and Minnie run Next Enron, Inc., a publicly traded company. Daisy is the Chief Executive Officer and Donald is the Chief Financial Officer of Next Enron, Inc. The three of them agree to manipulate company financial statements and valuations of company assets. Daisy made some changes to the company's financial statement in furtherance of the group's agreement. However, before the manipulated financial statements and valuations publicly released, Daisy decided she no longer wanted to participate in the manipulation.

1. What crimes, if any, did Daisy, Donald, or Minnie commit? Explain. **When answering, think of Daisy, Donald, and Minnie as a group and individually.

1. When Minnie hears the SEC is investigating Next Enron, Inc., she sends an email to her colleagues and encourages them to "clean up" their files and delete any correspondence referring to changing financial statements and valuations. What crimes, if any, did Minnie commit? If a colleague shreds files based on Minnie's email, what crimes may have been committed? Explain both of your answers.

1. To what degree does the Securities and Exchange Commission have authority to investigate the actions of Daisy, Donald, and Minnie? Explain your answer.

1. Discuss the Sarbanes-Oxley Act provisions that are relevant to the facts presented in this hypothetical.

https://pdf.zlibcdn.com/dtoken/e47a04aee7bc362b2562cd0390a752c8/The_Legal_and_Regulatory_Environment_of_Business_b_17310367_(z-lib.org).pdf