As such, investment bankers are required to abide by their firm's stipulated code of conduct and will generally sign a confidentiality agreement, given the sensitive nature of the information they receive.
In September of 1787, it was sent to the states for ratification. Nine of the 13 states would have to ratify it for the Constitution to become effective for those ratifying states. The future was not certain at allâa debate began among the states over ratification.
All of them eventual â¦ ly did, making moot the point of whether the constitution was itself unconstitutional, since it was in effect, an amendment of the Articles, which required unanimous consent for that. The constitution said it would take effect once 9 state signed up. Rhode Island was the last hold out of the original 13. By the time it ratified, George Washington had been President for more than a year. Vermont, which had not yet come into existence when the Constitution was drafted, sign on soon thereafter.