What is a key feature of the Sarbanes-Oxley Act?

The Sarbanes-Oxley Act, enacted in 2002, primarily aims to prevent corporate fraud and protect the interests of investors by enhancing corporate governance and financial disclosures. Its key feature is the requirement for publicly traded companies to implement measures that ensure accuracy in financial reporting and promote accountability among executives. This includes provisions such as the establishment of internal controls, the requirement for executives to certify financial statements, and the creation of whistleblower protections to encourage reporting of fraudulent activity without fear of retaliation.

In contrast, the other options pertain to different domains of law and regulation. While promoting employee diversity and enhancing workplace safety are important aspects of employment law, they are not central to the Sarbanes-Oxley Act. Similarly, the regulation of employee benefits falls under other legislation, such as ERISA (Employee Retirement Income Security Act), rather than the Sarbanes-Oxley framework focused on financial integrity and fraud prevention.