Sarbanes-Oxley Act of 2002
Section 3 — Commission Rules and Enforcement
TITLE I
PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD
Section 101 — Establishment; Administrative Provisions
Section 102 — Registration with the Board
Section 103 — Auditing, Quality Control, and Independence Standards and Rules
Section 104 — Inspections of Registered Public Accounting Firms
Section 105 — Investigations and Disciplinary Proceedings
Section 106 — Foreign Public Accounting Firms
Section 107 — Commission Oversight of the Board
Section 108 — Accounting Standards
TITLE II
AUDITOR INDEPENDENCE
Section 201 — Services Outside the Scope of Practice of Auditors
- Section 201(a) — Prohibited Activites (amended Section 10A of the Securities Exchange Act of 1934)
- Section 201(b) — Exemption Authority
Section 202 — Preapproval Requirements (amended Section 10A of the Securities Exchange Act of 1934)
Section 203 — Audit Partner Rotation (amended Section 10A of the Securities Exchange Act of 1934)
Section 204 — Auditor Reports to Audit Committees (amended Section 10A of the Securities Exchange Act of 1934)
Section 205 — Conforming Amendments
- Section 205(a) — Definitions
- Section 205(b) — Auditor Requirementsv
- Section 205(c)(1) — Other References
- Section 205(c)(2) — Other References
- Section 205(d) — Conforming Amendment
Section 206 — Conflicts of interest (amended Section 10A of the Securities Exchange Act of 1934)
Section 207 — Study of mandatory rotation of registered public accounting firms
Section 208 — Commission authority
Section 209 — Considerations by appropriate state regulatory authorities
TITLE III
CORPORATE RESPONSIBILITY
Section 301 — Public company audit committees (amended Section 10A of the Securities Exchange Act of 1934)
Section 302 — Corporate responsibility for financial reports
Section 303 — Improper influence on conduct of audits
Section 304 — Forfeiture of certain bonuses and profits
Section 305 — Officer and Director Bars and Penalties
- Section 305(a)(1) — Investigations and actions (amended Section 21 of the Securities Exchange Act of 1934)
- Section 305(a)(2) — Injunctions and prosecution of offenses (amended Section 20 of the Securities Act of 1933)
- Section 305(b) — Investigations and actions (amended Section 21 of the Securities Exchange Act of 1934)
Section 306 — Insider trades during pension fund blackout periods
- Section 306(b)(1) — Duty of disclosure and reporting (amended Section 101 of the Employee Retirement Income Security Act of 1974)
- Section 306(b)(3) — Civil enforcement (amended Section 502 of the Employee Retirement Income Security Act of 1974)
Section 307 — Rules of Professional Responsibility for Attorneys
Section 308 — Fair funds for investors
- Section 308(d)(1) — Investigations and actions (amended Section 21 of the Securities Exchange Act of 1934)
- Section 308(d)(2) — Civil penalties for insider trading (amended Section 21 of the Securities Exchange Act of 1934)
- Section 308(d)(3) — Injunctions and prosecution of offenses (amended Section 20 of the Securities Act of 1933)
- Section 308(d)(4) — Enforcement (amended Section 42 of the Investment Company Act of 1940)
- Section 308(d)(5) — Enforcement (amended Section 209 of the Investment Advisers Act of 1940)
TITLE IV
ENHANCED FINANCIAL DISCLOSURES
Section 401 — Disclosures in periodic reports
- Section 401(a) — Periodical and other reports (amended Section 13 of the Securities Exchange Act of 1934)
Section 402 — Enhanced conflict of iInterest provisions
- Section 402(a) — Prohibition on personal loans to executives (amended Section 13 of the Securities Exchange Act of 1934)
Section 403 — Disclosures of Transactions Involving Management and Principal Stockholders
- Section 403(a) — Directors, officers, and principal stockholders (amended Section 16 of the Securities Exchange Act of 1934)
- Section 403(b) — Effective date
Section 404 — Management assessment of internal controls
Section 406 — Code of ethics for senior financial officers
Section 407 — Disclosure of audit committee financial expert
Section 408 — Enhanced review of periodic disclosures by issuers
Section 409 — Real time issuer disclosures (amended Section 13 of the Securities Exchange Act of 1934)
TITLE V
ANALYST CONFLICTS OF INTEREST
Section 501 — Treatment of securities analysts by registered securities associations and national securities exchanges
- Section 501(a) — Rules regarding securities analysts (added Section 15D to the Securities Exchange Act of 1934)
- Section 501(b) — Enforcement (amended Section 21B of the Securities Exchange Act of 1934)
- Section 501(c) — Commission authority
TITLE VI
COMMISSION RESOURCES AND AUTHORITY
Section 601 — Authorization of appropriations (amended Section 35 of the Securities Exchange Act of 1934)
Section 602 — Appearance and practice before the Commission (added Section 4C to the Securities Exchange Act of 1934)
Section 603 — Federal court authority to impose penny stock Bbars
- Section 603(a) — Authority of a court to prohibit persons from participating in an offering of penny stock (amended Section 21 of the Securities Exchange Act of 1934)
- Section 603(b) — Authority of a court to prohibit persons from participating in an offering of penny stock (amended Section 20 of the Securities Act of 1933)
Section 604 — Qualifications of associated persons of brokers and dealers
- Section 604(a) — Brokers and dealers (amended Section 15 of the Securities Exchange Act of 1934)
- Section 604(b) — Investment advisors (amended Section 203 of the Investment Advisors Act of 1940)
- Section 604(c) — Conforming amendments
- Section 604(c)(1)(A) — Definitions and applications
- Section 604(c)(1)(B) (The Table of Popular Names shows this section as classified into two different sections of United States Code, as follows):
- Section 604(c)(1)(C) —National system for clearance and settlement of securities transactions
- Section 604(c)(2) — Registration of investment advisers
TITLE VII
STUDIES AND REPORTS
Section 701 — GAO study and report regarding consolidation of public accounting firms (Eliminated; See Note to 15 U.S.C. § 7201)
Section 702 — Commission study and report regarding credit rating agencies
Section 703 — Study and report on violators and violations
Section 704 — Study of enforcement actions
Section 705 — Study of investment banks
TITLE VIII
CORPORATE AND CRIMINAL FRAUD ACCOUNTABILITY
Section 801 — Short Title: Corporate and Criminal Fraud Accountability Act of 2002 (See Note to 15 U.S.C. § 1501)
Section 802 — Criminal penalties for altering documents
- Section 802(a) — Destruction, alteration, or falsification of records
- Section 802(a) — Destructin of corporate audit records
- Section 802(b) — Clerical amendment
Section 803 — Debts nondischargeable if incurred in violation of securities fraud laws
Section 804 — Statute of limitations for securities fraud
- Section 804(a) — In general
- Section 804(b) — Effective date (See Note to 28 U.S.C. § 1658)
- Section 804(c) — No creation of actions (See Note to 28 U.S.C. § 1658)
Section 806 — Protection for employees of publicly traded companies who provide evidence of fraud
Section 807 — Criminal penalties for defrauding shareholders of publicly traded companies
TITLE IX
WHITE-COLLAR CRIME PENALTY ENHANCEMENTS
Section 901 — Short Title: White-Collar Crime Penalty Enhancement Act of 2002 (See Note to 18 U.S.C. § 1341)
Section 902 — Attempts and conspiracies to commit criminal fraud offenses
Section 903 — Criminal penalties for mail and wire fraud
Section 905 — Amendment to Sentencing Guidelines relating to certain white-collar offenses
Section 906 — Corporate responsibility for financial reports
TITLE X
CORPORATE TAX RETURNS
TITLE XI
CORPORATE FRAUD AND ACCOUNTABILITY
Section 1101 — Short Title: Corporate Fraud Accountability Act of 2002 (See Note to 15 U.S.C. § 78a)
Section 1102 — Tampering with a record or otherwise impeding an official proceeding
Section 1103 — Temporary freeze authority for the Securities and Exchange Commission (amended Section 21C of the Securities Exchange Act of 1934)
Section 1104 — Amendment to the Federal Sentencing Guidelines (See Note to 28 U.S.C. § 944)
Section 1105 — Authority of the Commission to Prohibit Persons from Serving as Officers or Directors
- Section 1105(a) — Authority of the Commission to prohibit (amended Section 21C of the Securities Exchange Act of 1934)
- Section 1105(b) — Securities Act of 1933 (amended Section 8A of the Securities Act of 1933)
Section 1106 — Increased criminal penalties under Securities Exchange Act of 1934 (amended Section 32 of the Securities Exchange Act of 1934)