What act was enacted in response to the Enron scandal?
Sarbanes-Oxley Act
Dodd-Frank Act
Glass-Steagall Act
Gramm-Leach-Bliley Act
Answer
The Enron scandal led to the enactment of the Sarbanes-Oxley Act of 2002. This act aimed to protect investors from fraudulent accounting practices by corporations and improve the accuracy and reliability of corporate financial disclosures.