Is compliance training really necessary? Ask Morgan Stanley

2016-12-28T13:21:47-07:00July 9th, 2012|Compliance Blog|

  Yes! Compliance training is absolutely necessary. In the midst of violations of the Foreign Corrupt Practices Act (FCPA), both the U.S. Department of Justice and the Securities and Exchange Commission determined not to pursue charges against Morgan Stanley because of the company’s robust compliance program. Allegations of fraud were committed by one of Morgan Stanley’s managing [...]