# Section 402 `kaal:entity:section-402` **Status.** derived This node is assembled mechanically from the 2 claims that carry the concept tag `section-402`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself. ## Every claim under this term 2 claims across 1 works, 2013 to 2013. **2013** - [2273857-034](https://wulfkaal.github.io/claims/2273857-034) [empirical/evidenced] *(failure mode)* -- The SEC never actually interpreted Section 402 of Sarbanes-Oxley and instead merely acquiesced in a law firm memorandum interpreting the provision, so private entities in effect fulfilled the SEC's statutory mandate. > The SEC, however, never actually interpreted section 402 and merely acquiesced with a law firm memorandum interpreting section 402. Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857 - [2273857-035](https://wulfkaal.github.io/claims/2273857-035) [failure/argued] *(failure mode)* -- The SEC's failure to interpret Section 402 of Sarbanes-Oxley, while not a formal retraction, shows that Section 402 is another instance of politically motivated rulemaking that later has to be scaled back. > While not a formal retraction, the SEC's lack of interpretation underscores that section 402 provides another instance of politically motivated rulemaking that later has to be scaled back. Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857 ## Verify Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust. curl -s https://wulfkaal.github.io/entities/section-402.md | sha256sum **Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.