Understanding Risk Management And Compliance – January 2012

On December 2, 2011, we had the 10-year anniversary of Enron filing for Chapter 11 bankruptcy.

This bankruptcy, which was at the time the largest in corporate history, led to the creation of new laws and regulations, including the Sarbanes Oxley Act.

The Sarbanes-Oxley act was enacted on July 30, 2002, less than a year after Enron filed for Chapter 11.