O'Reilly logo

An Introduction to Trading in the Financial Markets: Global Markets, Risk, Compliance, and Regulation by R. Tee Williams

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1

Types

Although compliance can have many different variations from country to country, from exchange to exchange, from firm to firm, and from customer to customer, several themes are common. Compliance ensures that firms abide by laws and regulations; that firms are financially strong and do not endanger their customers or the market; that the procedures used in day-to-day operations are sound and in keeping with the obligations from a variety of interested parties; and that the firms abide by the contractual obligations of both suppliers and customers. Figure 3.1 shows the primary categories of compliance.

image

Figure 3.1 Primary categories of compliance ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required