In The News

Risk Alert Gives Boards Map to Oversee Best Execution

Board IQ

25 Sep 2018

Commenting on the SEC’s new risk alert showing common ways in which boards fail their best execution obligations, Kelley A. Howes advised that compliance is something that needs constant attention.

“To me, compliance policies and procedures have a bit of a circular nature to them. You don’t just put them in place and walk away; you put them in place, you monitor them, make sure they’re working. If they’re not, you fix them,” she said in the Board IQ article “Risk Alert Gives Boards Map to Oversee Best Execution” (subscription required). “The board every year has to make sure there’s some evidence that monitoring is taking place.”

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.