Question 1
The Sarbanes-Oxley Act of 2002 focuses on
◦ insider trading.
◦ IPOs.
◦ accounting and other public disclosures of information.
◦ regulation of the OTC markets.
Question 2
The Securities Exchange Act of 1934
◦ requires full disclosure of information on all new security issues.
◦ authorized the SEC to regulate mutual funds.
◦ established trade associations such as the NASD.
◦ created the SEC as the regulator of the securities exchanges.