Publicly Traded Companies
I am a little confused as to why I am hearing so much these days about regulatory committees and such when it comes to big, or even small, publicly traded companies. Has there not always been a Sarbanes Oxley Section 301 or something similar that these companies had to follow? If there was not, then what is to say that some head honcho of a publicly traded company will not just find some other way to steal money from the public? Then will that warrant a new Section 302 or can the big government add in extra securities now before more money is stolen?