Despite compliance’s reputation as a buzzkill profession, its status rose during the Obama Administration. Regulations implemented after the financial crisis created a need for internal watchdogs, as did the concern raised by prosecutions of banks and hedge funds for mortgage fraud, currency-market rigging, and insider trading. In 2014, the Wall Street Journal went so far as to describe compliance as a potential “dream career.” But President Donald Trump, with his disregard for business-ethics standards, both in and out of office, is creating a new atmosphere.
via The Watchdogs Keeping Wall Street in Check – The New Yorker
