Legislative Initiative and Proposals the right of competent persons and institutions to introduce for the considera tion of a legislative body a bill or proposal to enact a new law or amendment to or a repeal of existing legislation; legislative initiative entails the obligation to discuss the inclusion of the bill on the agenda of the legislative body. Sarbanes-Oxley Act Created by US Senator Paul Sarbanes (D-Maryland) and US Congressman Michael Oxley (R-Ohio) Signed into law July 30, 2002 Most dynamic securities legislation since the New Deal. There are 66 pages and 11 sections that are contained in the body of the act. The effect of this legislation is huge to the extent that there are almost substantial elimination of fraud and irregularities regarding securities and corporate reports.
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Legislative Initiative and Proposals
therightofcompetentpersonsandinstitutionstointroducefortheconsiderationofalegislativebodyabillorproposaltoenactanewlaworamendmenttoorarepealofexistinglegislation;legislativeinitiative
entailstheobligationtodiscusstheinclusionofthebillontheagenda
ofthelegislativebody.Sarbanes-Oxley ActCreated by US Senator Paul
Sarbanes (D-Maryland) and US Congressman Michael Oxley (R-Ohio)
Signed into law July 30, 2002 Most dynamic securities legislation
since the New Deal. There are 66 pages and 11 sections that are
contained in the body of the act. The effect of this legislation is
huge to the extent that there are almost substantial elimination of
fraud and irregularities regarding securities and corporate
reports.
