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The D.C. Bar is taking steps to comply with the Sarbanes-Oxley legislation, despite the fact that the bar, as a nonprofit organization, isn’t mandated to do so. The D.C. Bar Board of Governors last week reviewed a proposal to overhaul the bar’s conflict-of-interest policy so it would be more in line with Sarbanes-Oxley. The bar’s existing conflict-of-interest policy is bare bones and consists of one paragraph that says no member of the board or officer will be able to participate in matters that could affect the member’s or officer’s finances. The new policy is far more detailed at four pages and outlines procedures for possible and real conflicts. The board last week discussed revisions to the proposed policy with the bar’s general counsel, Timothy Webster, a partner at Sidley Austin. The board plans to vote on the proposed policy at its February meeting.
Attila Berry can be contacted at [email protected].

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