SOX SECTION 406(C) DEFINES ‘CODE OF ETHICS’
SOX section 406(c) defines ‘Code of Ethics’ as standards that promote:
“(1) Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
(2) Full, fair, accurate, timely, and understandable disclosure in the periodic reports required to be filed by the issuer; and
(3) Compliance with applicable governmental rules and regulations.”