While Section 406 of Sarbanes-Oxley only requires public companies to adopt codes of conduct governing senior financial officers, companies listed on the New York Stock Exchange (NYSE) are required to have their codes of conduct apply to directors, officers and employees.  The NYSE also requires the CEO of each listed company to certify that he or she is not aware of any violation by the company of the NYSE corporate governance listing standards. 

 

The NYSE rules specifically require a listed company to address confidentiality as a goal of its compliance program.  In order to comply with the listing requirements companies must:

• Ensure employees, officers, and directors maintain the confidentiality of information entrusted to them including all non-public information that might of use to competitors or hamful to the company or its customers if disclosed
• Implement procedures and compliance standards that will facilitate effective protection of confidential information

Meeting NYSE Listing Requirements

Liquid Machines Document Control and Email Control help NYSE-listed companies meet the new listings requirements by:

• Automatically identifying email that contains confidential information
• Enforcing access and usage policies that control content through its lifecycle whether at rest or in transit
• Enabling companies to define when content control and protection can be removed and by whom
• Providing detailed logs and audit trails of content access and usage in a format that can be easily stored, viewed and imported into other enterprise systems
• Supporting compliance activities without changing the way users work