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Sarbanes and Oxley Act 2002 Sarbanes-Oxley Act 2002Edgar Alanh LalataSullivan UniversityAccounting ISarbanes and Oxley Act 2002The term Sarbanes-Oxley stands for Senator Paul Spyros Sarbanes, a Democrat from Maryland with thirty-one years of experience in the Senate at the time when the Act was drafted and later became the law in 2002 and Michael Garver Oxley,.