The Securities and Exchange Commission is warning financial firms that following the spirit of the law is just as important as the letter of the law.
In a speech to the National Society of Compliance Professionals, Carlo di Florio, director of the SEC's Compliance Inspections and Examinations, says that a firm's "ethical culture" will go a long way into deciding just how rigorously the SEC will investigate the firm.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access