When it comes to the Country of Risk, how can an American firm based in Florida cause a compliance alert for Canada? This strange alert makes no sense to the PM, but there is a common reason as to why it can happen.
In this week's edition of Trade Compliance from the Portfolio Manager’s Perspective, our PM, Jon Gold, shows how a disagreement between the modeling system and the compliance system causes an unexpected violation.
When rules in the compliance system don't match up with what the PM expects, it's a source of frustration for everyone. Learn how to avoid the mismatch and frustration in the future.
In last week's video, we looked at how a poorly coded cross-trading rule caused hundreds of violations. If you missed that video, you can go back and find out how to cut the risk of increased SEC scrutiny.
For more information on how your compliance team can update your trade OMS compliance rule library, contact IMP Consulting or visit www.impconsults.com/CLEAR. You can also follow IMP's LinkedIn page to stay up to date with news, events, blog articles, and more!
IMP Consulting is excited to announce that CLEAR™ has made the shortlist of nominees for Best Compliance Solution as part of the 7th Annual FTF News Technology Innovation Awards.
Click on the link below and scroll down to #6 to vote for IMP.