Observations on Culture at Financial Institutions and the SEC
Jun 18, 2018
On June 18, 2018, the Securities and Exchange Commission (SEC) released a speech by Chairman Jay Clayton, where he discusses the importance of developing, improving and reinforcing positive culture in our financial institutions.
In his speech, Mr. Clayton covered the following topics:
- Culture is not an option
- Know your culture
- Culture is a collection of countless internal and external actions
- Preserving and enhancing culture through a clear and constant mission
- Culture beyond the law and regulation
- We do not expect perfection; we do expect commitment and action
Review the full speech on the SEC's website.