Q&A: Your Questions Answered
Mr. Cipperman will assess the most impactful regulatory developments of 2016, review results of the recent CCS survey of financial industry C-Suite opinion leaders, and give you his take on the fluid regulatory environment.This webinar was co-hosted with Todd Cipperman of Cipperman Compliance Services on Nov 17th.
You can download a full copy of the slides from this webinar.
Full video transcript available below:
|Shane: The first question Todd has come in here if I can pass it over to you. It asks,
Will technology tools help insulate the CTO from liability?
Yeah. I think that’s a great question and I think the answer is absolutely. The amount of data that’s going on in companies is ever increasing and, at the end of the day, you want to be able to show the regulators significant due diligence in how you are managing risk and technology solutions are a way you can point to that and say, “Look. We spent our money on this.” It’s effective, certainly. It’s got to be effective, but just the mere fact that you’re using tools and technology to make the risk management better, in and of itself, will insulate you from liability, absolutely.
Thank you for the answer. Could you please comment? What will be the potential impact? A very good question here would be: The SEC Chairwoman Mary Jo White departure at the end of the year, at the end of Obama’s Administration.