Compliance Communications Blog

Protecting Against Misuse or Misappropriation

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7/9/18: Companies know all too well that the misuse or misappropriation of assets by employees can be a financial problem. Now, they’re also learning that failing to prevent the misuse or misappropriation of assets by company personnel can have separate financial consequences. Recently Morgan Stanley Smith Barney entered into an agreement with the US Securities and Exchange Commission requiring the company to pay a penalty of $3.6 million for that failure. 

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Protecting Against Misuse or Misappropriation

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