Donna Boehme – Board IQ-A Financial Times Service – August 13, 2013
Criminal charges against SAC Capital Advisors for allegedly fostering an insider trading culture are a reminder of the increased scrutiny all asset management organizations are under for such compliance missteps. The unfolding case holds some timely takeaways for fund boards on the importance of fostering a compliance-oriented work environment and conducting vigorous oversight during this tougher enforcement era.
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