Compliance Management System: You Better Have One, or Else


In today’s environment, it’s crucial for a company to have a compliance management system (a CMS) to manage risks associated with changing product and service offerings and also helps manage new regulations that are enacted to address developments in the marketplace. In this podcast, Consumer Protection attorney Anthony DiResta identifies the three main components of a CMS: board/management oversight, an effective compliance/monitoring program, and an audit system. Mr. DiResta explains the importance of each of these elements and why companies need to have an effective compliance management system in place to minimize risks. 

View the video podcast to learn more. Download the file for a copy of the transcript.  

Advisor Thinking