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> The SEC is also wrong to say: "Indeed, supervisors, including managing directors and other senior supervisors – the very people responsible for implementing a
by Talanes 5y ago
> The SEC is also wrong to say: "Indeed, supervisors, including managing directors and other senior supervisors – the very people responsible for implementing and ensuring compliance with JPMS’s policies and procedures "!! No, EVEYONE is responsible,
And you were born knowing this, or did someone have to model the proper behavior for you first?
- xwolfi 5y agoWell JPM sure must have the same training as we do, and I cannot imagine the SEC not reinforcing this value, that compliance to regulation is the first responsibility of a bank employee, esp after the crisis where we're painted sometimes basically as the devil's spawn responsible of all of society's injustices. So putting the blame at the top is easy, but there were lots of little hands in between who should face some reckoning imho. And I bet you the top will do nothing else than just say "dudes, for the nth time, please please please disobey orders that clearly contravene normal practice". Talking business on whatsapp like the Mafia, what is this honestly.