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The Sarbanes-Oxley Act requires that publicly traded companies:a. Adopt formal policies that prohibit them from granting employees exemptions from company "conflict of interest" rulesb. Decide "conflict of interest" issues based on an employee's individual facts and circumstances, rather than based on arbitrary guidelinesc. Disclose decisions concerning employee "conflict of interest" waiver requests on the company's website or in some other widely accessible formatd. Disclose to the SEC the rationale for any decisions that waive the application of their "conflict of interest" in a particular situation
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