15 USC 7264 - Code of ethics for senior financial officers

U.S Code last checked for updates: May 01, 2024

§ 7264.

Code of ethics for senior financial officers

(a)

Code of ethics disclosure

(b)

Changes in codes of ethics

(c)

Definition

In this section, the term “code of ethics” means such standards as are reasonably necessary to promote—

(1)

honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

(2)

full, fair, accurate, timely, and understandable disclosure in the periodic reports required to be filed by the issuer; and

(3)

compliance with applicable governmental rules and regulations.

(d)

Deadline for rulemaking

The Commission shall—

(1)

propose rules to implement this section, not later than 90 days after July 30, 2002; and

(2)

issue final rules to implement this section, not later than 180 days after July 30, 2002.

(Pub. L. 107–204, title IV, § 406, July 30, 2002, 116 Stat. 789.)

cite as: 15 USC 7264