| 释义 |
the Sarbanes-Oxley Act
noun[ S ]
LAW, FINANCEukus(alsoSarbox[ U ]); (abbreviationSOX[ U ])
a US law that makes companies have to provide detailed information about their financial situation, in order to prevent fraud:
Since Sarbox came into effect, many companies prefer to list their shares in London rather than New York in order to avoid the law's strict reporting requirements.
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