06/06/2006
North Carolina Holds That Attorney Can Report Wrongful Conduct to the SEC Even if Such Action Would Violate State Confidentiality Provisions
2005 Formal Ethics Opinion No. 9
North Carolina State Bar (Issued January 20, 2006)
North Carolina State Bar (Issued January 20, 2006)
Brief Summary
The North Carolina Ethics Committee ("Committee") held that the attorney disclosure requirements contained in the Sarbanes-Oxley Act of 2002 ("Act") preempt state confidentiality requirements.
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