![]() In addition, existing law does not explicitly address the retention of accounting work papers for a fixed period of time.Īmendment: Section 802 adds two new criminal provisions, 18 U.S.C. ![]() § 1505 does not require "corrupt persuasion," it does require the existence of a pending proceeding. However, Section 1512 does not reach the "individual shredder." While prosecution of obstruction under 18 U.S.C. Section 1512 reaches destruction of evidence with intent to obstruct an official proceeding which may not yet have been commenced. Previous law: Prior to the Sarbanes-Oxley Act of 2002, anyone who "corruptly persuades" others to destroy, alter or conceal evidence can be prosecuted under 18 U.S.C. Criminal Penalties for Altering Documents 3763)Ĭoncerning Corporate Fraud and Accountability Field Guidance on New Criminal AuthoritiesĮnacted in the Sarbanes-Oxley Act of 2002 (H.R.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |