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Sarbanes-Oxley Essay Preview: Sarbanes-Oxley Report this essay The Sarbanes-Oxley Act In July of 2002, Congress passed a new law which very well may revolutionize the way businesses control their finances and accounts. This law is known as the Sarbanes-Oxley Act (SOX) or the Public Company Accounting Reform and Investor Protection Act of 2002. Named for.