The Sarbanes-Oxley Act of 2002 (often shortened to SOX) is legislation passed by the US Congress to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise, as well as improve the accuracy of corporate disclosures. The US Securities and Exchange Commission (SEC) administers the act, which sets deadlines for compliance and publishes rules on requirements. The act introduced significant governance standards that apply to publicly traded companies and nonprofits. Sarbanes-Oxley has a number of provisions of the Act, but one that applies to privately held companies and to nonprofit organizations such as the American College of Toxicology (ACT) is whistleblower protection.
When you are on the ACT website's About ACT/Contact Us page you will notice the toll-free fraud hotline. To anonymously report suspected criminal activity or illegal or unethical behavior by ACT leadership, members, or staff, please call Navex's Global toll-free fraud hotline at 800.826.6762. Calls regarding personnel issues will be reported to AIM Human Resources, financial and management questions will go to the ACT Treasurer, and quality of service and misuse of property issues will be referred to the ACT President.