These Rules and Regulations provide participants (regulated persons) in the capital market with more precise notice of what is expected of them, what conduct will be sanctioned and also promotes fairness and equality of treatment among similarly situated persons.
The policy conclusions expressed in this report address the mechanisms of public corporation governance in the United States, with particular emphasis on the role of lawyers. The aim of the report was to examine public corporation governance mechanisms to determine how they might be modified in ways that would enhance corporate responsibility.