Yes traceability is a thing. I’m more surprised it’s put in a “this is wild” light. This is in the same direction as declaring gifts you receive from your clie

Yes traceability is a thing. I’m more surprised it’s put in a “this is wild” light. This is in the same direction as declaring gifts you receive from your clients, or reporting the expenses of these lunches you’re having in a business setting, along who were there and how much you paid for them. My take on this is, if it’s a business act (a task you did on company time, with company money) it shouldn’t be in a grey “we were just chatting” area and you should be able to report to your company what you did and justify the money spent. I wouldn’t expect full recordings, but at least enough to explain why there was a meeting in the first place and what was discussed. Now I totally understand the SEC wanting more, but they’re probably doing so to move the window and not actually expecting it goes through.