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.
Wait for three-fourths of States to ratify the amendment. At least 38 of the 50 states must ratify the amendment. Once the states have ratified, each state legislature will submit an original copy of its ratification to the Office of the Federal Register.