Financial institutions faced with government enforcement actions confront not only the direct costs of fines and penalties, but a host of collateral consequences, as well.
As the regulatory landscape grows more cluttered, some firms have been forced to resolve numerous investigations, creating the appearance (rightly or wrongly) of serial bad behavior. And regulators—in particular, the U.S. Securities and Exchange Commission—are keeping track of serial settlements and seeking new ways to remedy the “failed compliance culture” that some officials believe presently exists in parts of the industry.1
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
