Case Study

AND SOX COMPLIANCE

AND SOX COMPLIANCE

Pages 3 Pages

About the SOX Act: The SOX Act stands for the Sarbanes-Oxley Act, which was developed after the ENRON and WorldCom scandals to define acceptable practices for public companies. As stated in its preamble, the Act was intended to “protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes. ” Named for co-sponsors Senators Sarbanes and Oxley, the Act became known by the nickname SOX over time. Public utilities, like SDG&E, must maintain these standards in their business practices. San Diego Gas & Electric ® (SDG&E ® ) is a regulated public utility that provides energy service to 3.6 million customers in the San Diego and southern Orange counties in California. SDG&E is a subsidiary of Sempr

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