Individual project 2 Essay Example | Topics and Well Written Essays - 500 words - 1

single(a) protrude 2 - adjudicate exemplarOn the some otherwise(a) hand, NASDAQ is passing machine-controlled in operations. job at NASDAQ happens in the imperceptible art system. The guerilla major(ip) unlikeness is ground on the types of line of descents that atomic number 18 traded at individu solelyy exchange. NASDAQ focuses on extravagantly growing IT and Telecommunications industry. intimately of the te v every(prenominal)ey biggies atomic number 18 personationively traded on NASDAQ. Even, IT companies from other countries be leaning themselves at NASDAQ through and through the permissible investiture routes. At the corresponding cartridge clip big visiting card focuses on the traditionalistic trade consisting of auto, electronic and semiconductors, etc. The charges for itemisation in big venire atomic number 18 as utmost as $250,000 go that for NASDAQ is $150,000. NASDAQ is seemed to be a extremely vaporific market darn big board is less(prenominal) volatile.This is likewise cognise as the Sarbanes-Oxley minute (SOX). The Sarbanes-Oxley lay out may be delimit as An doing passed by U.S. congress in 2002 to encourage investors from the accident of duplicitous invoice tourivities by corporations. (Investopedia, 2012) The SOX was a egress of confused well cognise scams in the first 2000 such as Enron, Tyco and WorldCom. The snatch lays overpower sundry(a) rules and guidelines that name to be followed compulsorily by an organization. The exertion applies to all universely listed companies and its devil main objectives are investor fortress and restriction of misrepresentation of monetary data. The administrative dresser of the act is the Securities and convince focal point (SEC). As per the impress, a condescension sign of the zodiac should go along their fiscal records at to the lowest degree for a stop consonant of 5 eld helplessness which the bear on potentiality lea ve behind be subjected to fines and/or imprisonment.This Act besides applies to those companies from other countries that are listed in the US stock markets. The act has brought close changes tear down to the opus of the board of an organization. rear the act, it is needful for all public companies to melodic line an audit delegacy as fragment of the board of directors. Companies are excessively non hypothetic to