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SOX

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.02 sec.

SOX

(1) (Schema for Object-oriented XML) An XML schema developed by Veo Systems and Muzino Communications, which was submitted to the W3C. SOX is based on DTD, but adds data typing and reuse mechanisms. In May 2001, a standard XML schema (W3C XML Schema) was introduced by the W3C. See XML schema. See also SOCKS server.

(2) (Sarbanes-OXley Act) Administered by the Securities and Exchange Commission (SEC) in 2002, SOX regulates corporate financial records and provides penalties for their abuse. It defines the type of records that must be recorded and for how long. It also deals with falsification of data. Affecting data storage capacities and planning, SOX was enacted after the Enron and WorldCom scandals of the early 2000s. The bill was sponsored by Paul Sarbanes, Democratic Senator from Maryland and additionally authored before passage by Michael Oxley, Republican Senator from Ohio.



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A White Sox source has indicated the team has every intention of signing the arbitration- eligible Crede to a one-year deal.
L.A. CONFIDENTIAL by Daily News (Los Angeles, CA)
SOX was a legal measure created in response to the misconduct of the Enron Corporation, with the intent of protecting investors by improving the accuracy and reliability of corporate disclosures.
The Sarbanes-Oxley Debacle by Internet Bookwatch
There were plenty of things to frighten a seven-year-old on the South Side of Chicago in 1983, but nothing struck fear into my young heart like the sight of a White Sox home run at Comiskey Park.
Thanksgiving in October by Gallicho, Grant / Commonweal
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