The regulators are doing a fine job of scaring firms into compliance ahead of innovation in financial instruments—just when ingenuity is needed to put a fragile recovery into first gear. No one wants the self-destructiveness that caused the Great Recession. But firms shouldn’t be making trade-offs between compliance and real advances in financial services and… Read More >>
Firms Cautiously Embrace Social Media
Financial services firms have gone from a total ban on social media networks to a tentative embrace of them that includes asking new hires to agree to have their social media activities closely monitored, according to industry observers.At the same time, regulators have stepped up their audits of social media activity and are citing firms… Read More >>
