Records Rule the World: Why Compliance Starts (and Ends) With Documentation As pretentious as it might sound, history is written by those who keep the records. Contracts carved into Mesopotamian clay tablets laid the groundwork for commerce. The Medici bankers revolutionized accounting with double-entry bookkeeping. Today, regulatory frameworks like SEC Rule 204-2, MiFID II […]
From handshake deals to compliance marathons: How RIAs navigate today’s regulatory landscape In the early days of financial advice, relationships ruled the game. A handshake and a reputation were often enough to build a thriving practice. Compliance? Ah, a secondary concern at best. But as the industry matured, so did the regulations, transforming the role […]
Introduction: Why Manual Compliance is a Risky Game Compliance officers might be getting chills, as it’s only the beginning of the year and the SEC has already gotten the party started, handing out millions in fines to investment firms for compliance failures. Some as simple as poor record-keeping or using unauthorized messaging apps. In […]
Introduction: Why Compliance Matters Since the first stock market launch back in 1602, financial markets have always walked a fine line between ambition and oversight. History shows that whenever regulations lag behind innovation, things tend to spiral: from wild speculative bubbles to full-blown financial meltdowns. It’s no surprise that wherever there’s (big) money, mischief […]
