Lucia Santos is the ethics officer for a publicly traded company. She is concerned that the company does not have a mechanism for anonymous reports of issues by employees. The CEO is not inclined to spend the money required to set up a hotline or any other reporting mechanism. Which of the following statements is true about this situation?

Group of answer choices

Without an anonymous reporting system, the company does not meet the minimum requirements for the protections of the Federal Sentencing Guidelines.

The Federal Sentencing Guidelines protections do not apply to publicly traded companies under Dodd$-$Frank.

As long as the company has an ethics officer to whom employees can report concerns, it has done everything necessary to enjoy the protections under the Federal Sentencing Guidelines.

With Lucia as an ethics officer and adding in a code of ethics, the company has met the two required prongs for the Federal Sentencing Guidelines.