In the black-and-white world of Compliance 1.0, compliance officers labored alone, emerging now and then to nag the sales force about sticking to the rules and staying out of trouble. The sales people and others spent a lot of time pointing fingers at compliance -- the Department of No, the Division of Sales Prevention, the Anti-Profit Police.
Entries in Global Enforcement Review (3)
This week I've been using my head to smash through some myths about compliance professionals and the jobs they do. I'm a bit bloodied by the exercise, but encouraged by so many generous comments from readers. So let's do it one more time.
The SEC increased its headcount by 22 percent and spending by 62 percent since 2006. The increases are part of a global trend as agencies worldwide coordinate their scrutiny over regulated entities.