“In a profit- and loss-driven world, there is always a risk that companies facing an uncertain economic future may choose to cut compliance expenses,” SEC Chairman Christopher Cox noted last
Compliance Now More Than Ever
In a profit- and loss-driven world, there is always a risk that companies facing an uncertain economic future may choose to cut compliance expenses," SEC Chairman Christopher Cox noted last November at the SEC's Compliance Officer Outreach National Seminar. Then he issued a stern warning: "When a company cuts compliance, violations will occur. And if violations occur, punitive actions should and will be taken."
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