Sarbanes-Oxley and the Practice of Financial Relations

In the wake of the seemingly endless corporate financial scandals of the late-1990s, Congress adopted a broad reform package known as the Sarbanes-Oxley Act in 2002.
What is Sarbanes-Oxley and why should those of us engaged in public relations practice – either as corporate counsels or consultants – know and understand its requirements and our responsibilities?
The short answer to both questions is “full disclosure.”