Sarbanes Oxley compliance?

Question

Does Sarbanes Oxley compliance only apply to public listed companies? Not private companies? Anyone know this?

Answer 1

public only

Answer 2

The Sarbanes-Oxley Act of 2002 (SOX) is the public company accounting reform and investor protection act. It was passed in response to high-profile business failures, such as Enron and WorldCom, in order to reinforce investment confidence and protect investors by improving the accuracy and reliability of corporate disclosure.