Compliance

摘要

As the Securities and Exchange Commission steps up its efforts to regulate the industry and protect investors, financial institutions must take proactive measures to comply with current and possible future rules before the SEC takes action against them. Why It's Important: Between corporate and mutual-fund scandals and a decrease in investor confidence, the financial-services industry has taken a lot of hits to its credibility. Regulators now are clamping down to protect investors. To avoid further loss of investor confidence and fines for non-compliance, firms must get their processes and procedures in order.