{"id":1065,"date":"2020-07-21T16:01:09","date_gmt":"2020-07-21T16:01:09","guid":{"rendered":"http:\/\/localhost\/?p=1065"},"modified":"2020-07-30T13:05:53","modified_gmt":"2020-07-30T13:05:53","slug":"why-compliance-officers-have-even-more-to-worry-about","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2020\/07\/21\/why-compliance-officers-have-even-more-to-worry-about\/","title":{"rendered":"Why Compliance Officers Have Even More to Worry About"},"content":{"rendered":"
In its Thaddeus J. North v. SEC<\/em> brief to the DC Circuit Court of Appeals, the Securities and Exchange Commission argues that a disciplinary decision from the Financial Industry Regulatory Authority<\/a> against a chief compliance officer should be affirmed, which may portend bad news for compliance officers.<\/div>\n
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The issues presented by the case<\/a> are troubling because if the court sustains the disciplinary action, it could lead to 1) dozens of CCOs being charged every year for their firms\u2019 deficient procedures, even if they acted in good faith; and 2) a strict liability standard applying to \u201cshould have known\u201d liability.<\/p>\n

Read more here.<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In its Thaddeus J. North v. SEC brief to the DC Circuit Court of Appeals, the Securities and Exchange Commission argues that a disciplinary decision from the Financial Industry Regulatory Authority against a chief compliance officer should be affirmed, which may portend bad news for compliance officers. The issues presented by the case are troubling … Continue reading Why Compliance Officers Have Even More to Worry About<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,22],"tags":[],"class_list":["post-1065","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-standard-of-care"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t