What is the purpose of the sarbanes-oxley act


Assignment:

Question 1 .What is the purpose of the Sarbanes-Oxley Act (SOX)? What risks does SOX mitigate? How is the application of SOX different among industries like manufacturing and banking? How is it the same?

Question 2 .How is ALM for a business related to ALM for a bank? Given what you understand about the 2008 financial crisis, how might bankers have better conducted ALM?

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