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.
The amendment was subsequently ratified by the following states, bringing the total number of ratifying states to forty-two of the forty-eight then existing: 1  New Mexico (February 3, 1913) 2  Wyoming (February 3, 1913) 3  New Jersey (February 4, 1913) 4  Vermont (February 19, 1913) 5  Massachusetts (March 4, 1913)