Fabio
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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 15 U.S.C. § 7245 | Rules of professional responsibility for attorneys | us | united_states_code | code_section | 15 | COMMERCE AND TRADE | 98 | PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY | 7245 | 15 U.S.C. § 7245 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip | /us/usc/t15/s7245 | data/legal/raw/us/code/title-15/usc15.xml | 752033f933096bbd5b2fc7d2cfa7f162509c7ae6d0a8a528f0bc42caaf01a0e2 | 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 | 280c53582a2f75d2dae84047c3411f20607818008c82ec57d8db444663feaeb0 | 2026-07-04 | official |
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15 U.S.C. § 7245 - Rules of professional responsibility for attorneys
Text
Not later than 180 days after July 30, 2002, the Commission shall issue rules, in the public interest and for the protection of investors, setting forth minimum standards of professional conduct for attorneys appearing and practicing before the Commission in any way in the representation of issuers, including a rule—
(1) requiring an attorney to report evidence of a material violation of securities law or breach of fiduciary duty or similar violation by the company or any agent thereof, to the chief legal counsel or the chief executive officer of the company (or the equivalent thereof); and
(2) if the counsel or officer does not appropriately respond to the evidence (adopting, as necessary, appropriate remedial measures or sanctions with respect to the violation), requiring the attorney to report the evidence to the audit committee of the board of directors of the issuer or to another committee of the board of directors comprised solely of directors not employed directly or indirectly by the issuer, or to the board of directors.
(Pub. L. 107–204, title III, § 307, July 30, 2002, 116 Stat. 784.)