When the Nail Fails – Remarks before the National Society of Compliance Professionals (U.S. Securities and Exchange Commission)

U.S. Securities and Exchange Commission, October 19, 2020

When the Nail Fails – Remarks before the National Society of Compliance Professionals

Those concerns have increased over the past two years.  Compliance officers’ responsibilities are growing, but the nature of the liability they face in executing those responsibilities remains unclear.  Indeed, this past February, the New York City Bar publish a report that distilled many of the concerns, and offered a number of recommendations….I believe the New York City Bar Report sets forth some sensible recommendations.

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