Changes in regulations Changes in regulations can

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Have a significant impact on businesses, especially when the regulations come from a governing body such as the federal government. Government regulations can be used to set standards for how businesses conduct business and operate, and when those regulations change, it affects how businesses must operate. For example, as a result of the accounting scandals of the early 21st century, the U.


S. Securities and Exchange Commission (SEC) increased its focus on corporate compliance. This brazil whatsapp number data advertising phone number list increased scrutiny led to the passage of the Sarbanes-Oxley Act of 2002 , which imposed stricter rules and regulations on publicly traded companies. This was done both to rein in bad actors who might be involved in fraudulent or unethical business practices and to reassure public investors that their investments with these companies were safe.


These types of changes can have a direct impact on businesses due to the increased costs associated with complying with new laws and regulations. Businesses may need to hire new staff or purchase additional software solutions just to comply with new laws, increasing overhead costs and further squeezing profit margins. In addition, these changes to the law could eliminate certain types of competitive advantages enjoyed by individual companies, meaning that companies would now have to compete solely on the basis of their performance rather than taking advantage of some loophole or exemption that was provided for in the law prior to the change.