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.
Article VII of the Constitution required nine of thirteen states to ratify the Constitution for it to become law. In June 1788, New Hampshire became the ninth state. Rhode Islâ¦and was the last of the states to ratify, in May 1790.