Summary: This article examines the Commission’s Broken Windows enforcement program and whether it should change how compliance professionals think about carrying out their duties. Historically, the Commission has been perceived as monitoring all areas of the securities markets. Broken Windows does not appear to be a significant shift. Instead, Broken Windows has intensified existing elements of the Commission’s enforcement program. Compliance personnel need not overreact to the Commission rebranding as the tough cop on the beat, but they should remain vigilant of business practices within their organizations, leverage technology to monitor their organization’s commercial activities, and think creatively about where and how violations may occur. Read the full article here.
