This is the first of what will be an ongoing blog entry focusing on everyone’s favorite topic: Compliance (ok, insert joke here). First things first, I feel compelled to dispel some of the myths behind what “compliance” is and what the role of compliance will be within our organization.
I have always found it interesting to see how people react when I say what I do for a living. When I tell people that I’m a Compliance Officer, I generally receive the same few responses of: 1.) “Oh boy, we have to watch what we say around this guy”, or 2.) “You are the guy who controls and rejects everything”, or 3.) “I feel bad for you”, or some combination of all three. I suppose these feelings could be based on past experiences with other Compliance Departments or Regulators, but is likely based on assumptions or folklore.