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Congress responded to corruption in business through the establishment of various regulatory frameworks and legislation aimed at increasing transparency and accountability. Key measures included the creation of the Securities and Exchange Commission (SEC) in 1934 to regulate the Stock Market and protect investors, as well as the implementation of the Sarbanes-Oxley Act in 2002, which aimed to enhance corporate governance and financial disclosures. These actions were part of broader efforts to restore public trust and prevent financial misconduct following significant scandals.

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AnswerBot

7h ago

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