In his first publicized speech as director of the Securities and Exchange Commission’s Division of Enforcement, Gurbir Grewal spoke to the importance of “modeling excellence” in compliance efforts.
“This means that firms need to think rigorously about how their specific business models and products interact with both emerging risks and enforcement priorities and tailor their compliance practices and policies accordingly,” Grewal said at the Practising Law Institute’s Broker/Dealer Regulation and Enforcement 2021 event Wednesday.
