Daniel Wager Quoted in The Wall Street Journal Article Culture of Compliance Experts Weigh In On How Its Changed

In the final story of The Wall Street Journal’s series on the regulatory and compliance focus on “culture,” Managing Director Daniel Wager discusses the exorbitant costs all too familiar for financial institutions in an effort to mitigate the chance of making a mistake. While market outlook shows signs that costs could increase as much as 10% in five years’ time, the value in creating a compliance mindset far exceeds the initial outlay and is a minuscule cost compared to the impact a mistake would have on the firm.

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