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once upon a time .....
accounting scandal of a US energy Enron where the companies directors and their auditors had been misappropriating funds two people pushed through new regulation To put controls into place for companies on the us stock exchange. The names of the individuals that help put these rules is abbreviated to SOx.
So by SOx we mean Sarbanes and Oxley the surnames of the people that tried to increase confidence in companies and their finacial systems to check money that was flowing through a companies listedt on the stock exchange in the United States had controls and monitors that could be better trusted So this would not happen again
going forward many other rules regulations have been put in place to increase trust stability in the market sox is only one set of rules there are many
