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.
Yes, âAmendment the Firstâ existed and was never ratified. To ratify an amendment to the Constitution, you needed 3/4ths of the states to agree to the amendment. In those days, there were 14 states, so you needed 11 states to ratify for the amendment to become part of the Constitution. 10 states ratified. 1 state (Delaware) voted down âAmendment the Firstâ.