### Question
Can you define what code of ethics means?


### Answer
**Code of ethics** is defined as the following in *15 U.S.C. § 7264*:

> such standards as are reasonably necessary to promote—


(1) honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships

#### Citation:
  - *15 U.S.C. § 7264*
  - Heading: **CHAPTER 98-PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY > SUBCHAPTER IV-ENHANCED FINANCIAL DISCLOSURES**

