Chapter 6: The US Sarbanes-Oxley Act of 2002.

The article summarize the key provisions of the Sarbanes-Oxley Act and the SEC's rules under the Act that are relevant to foreign private issuers. The Sarbanes-Oxley Act applies to all issuers — including foreign private issuers — that have registered securities under the Exchange Act; are required to file reports under Section 15(d) of the Exchange Act; or have filed a registration statement under the Securities Act that has not yet become effective. A foreign private issuer that has not sold securities to the public in the U.S. or that is exempt from Exchange Act registration by virtue of Exchange Act Rule 12g3-2(b) is not subject to the requirements of the Sarbanes-Oxley Act.