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Showing posts from August, 2017

Reasons for Compliance

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Stay on top of your Regulatory Compliance with RIA Review
Financial penalties, jail time, damage to company’s reputation, and business disruptions are a few issues to name when it comes to the costs associated with regulatory noncompliance. Regulatory compliance requires all organizations to follow all relevant polices, laws, and guidelines.  Compliance gives a firm’s clients the assurance they need to understand that the firm is operating properly.  Violation of these statutes can lead to legal punishments including fines and jail time.
Small and mid-sized companies are affected more than large corporations due to smaller staffing for regulatory compliance.  SMBs have to spend their hard-earned money to make sure they comply with all the regulations as a small mistake could prove fatal for the company.
Keeping up with regulatory requirements, generating internal procedures, documenting and implementing them, SEC compliance, SEC audit prep possesses a real challenge for firms. Oftentimes…