Comments on: SEC has three words for hedge funds: “culture of compliance.” But what do they mean? http://blogs.reuters.com/financial-regulatory-forum/2013/04/03/sec-has-three-words-for-hedge-funds-culture-of-compliance-but-what-do-they-mean/ Mon, 31 Oct 2016 15:40:16 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: CharlesJackson http://blogs.reuters.com/financial-regulatory-forum/2013/04/03/sec-has-three-words-for-hedge-funds-culture-of-compliance-but-what-do-they-mean/comment-page-1/#comment-18006 Fri, 05 Apr 2013 12:04:18 +0000 http://blogs.reuters.com/financial-regulatory-forum/?p=9692#comment-18006 A great article with equal application in the UK, in particular as we have moved this week to the creation of a separate Financial Conduct Authority. Interestingly, my professional body the CISI (the Chartered Institute for Securities & Investment) have also made it compulsory to complete an ethics test. This means that aspiring brokers and capital markets traders had from Tuesday have to pass a compulsory ethics test before they are allowed to sit exams for professional qualifications.

As Martin Wheatley, the new FCA CEO, says “embedding high standards of ethical conduct is crucial.” Go on try the sample test, on the cisi.org website

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