Section 806 of the Sarbanes‐Oxley act: Can the fraud triangle prevent fraud in the finance sector?

Section 806 of the Sarbanes‐Oxley Act of 2002 provided an important update to whistleblower protection laws in the United States. The fraud triangle can be an important aspect of corporate wrongdoing. The concern is whether the fraud triangle can actually prevent fraud. Special focus is placed on the finance sector in the Unites States. Three cases in the finance sector were examined based on their whistleblower complaints filed under the Sarbanes‐Oxley Act. Whistleblower protections following SOX were analyzed. The focus is on the Dodd‐Frank Act of 2010. A conclusion was reached explaining the effectiveness of whistleblower protections under the Sarbanes‐Oxley Act of 2002.