Menu4/3/18: The question of responding – or not responding – to red flags came up in bright letters recently. Richard L. Cassin writes about the red flag cases in a recent post on The FCPA Blog, explaining the SEC’s allegations and subsequent actions against two former compliance officers for actions regarding AML violations in Aegis Capital Corp. The cases serve as a reminder of the responsibility compliance officers have in the risk of “aiding and abetting” misconduct that triggers red flags.
