CCOs Have a Target on Their Backs: The Coming Storm (Part III of III) | Michael Volkov
To embed, copy and paste the code into your website or blog: I have always played down the issue of CCO liability and prosecutions. I dismiss these concerns often because the reporting of CCO prosecutions are usually exaggerated and meant to instill fear in compliance professionals. In my simplistic approach, I have followed the general rule of thumb – if you do something wrong, you pay the price. In a number of cases involving compliance officer prosecutions, the compliance professional engaged in obvious wrongdoing and “deserved” whatever sanction was meted out. After all, no ...
Source: jdsupra.com