Answer: The Internet and the Sarbanes-Oxley Act of 2002 (SOX).
Question: What two powerful forces are generating a whole new world of liability for companies and their directors and officers?
Keep Internet Disclosures From Costing Your Company
With securities claims involving improper Internet disclosures on the rise, a company would be wise to institute a review process, carried out by a qualified person (general counsel or compliance officer), to assure that its Internet disclosures are accurate, complete, and appropriate. Following are some questions that should be asked as part of an Internet review, along with suggestions for 'common sense' measures for reducing a company's exposure and keeping pace with Web evolution.
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