- Designed to improve corporate governance and financial reporting as a result of the colossal accounting scandals of 2001 and 2002
- For publicly traded companies and those to become (or be acquired by) public companies, all corporate accounting records must be archived according to Section 404 of the regulation
- To truly achieve compliance all incoming, outgoing, and internal e-mail must pass enterprise compliance guidelines and be archived in such a way that allows rapid retrieval
For more information, refer to the
SEC's Sarbanes-Oxley website.