Quotes About Compliance

One day we had a conversation where we figured we could just try and predict the stock market... and then we decided it was illegal. So we stopped doing that.

Laws are not masters but servants, and he rules them who obeys them.

When told to do something, he tended to "obey not the order which he had actually been given by a superior, but rather the order which that superior would have given if he had known what he was talking about.

someone exceedingly loyal, a true yes-man, a cog who knew when to turn, when to stay still.

you can be unethical and still be legal.

Why would a strong bank pay the penalty rate if it didn't have to?

Guidance has less legal force than regulations,

Guidance has less legal force than regulations, but it still carries considerable weight with bank examiners.

Banks have spent hundreds of millions of dollars complying with the new rules and are not looking for a rollback.

rules aren't useful unless they are enforced.

After nearly half a century, it's easy to forget that the Hays Code was not some outside limitation imposed by the government. It was a content standard imposed by motion picture companies voluntarily.

Let the child's first lesson be obedience, and the second will be what thou wilt.

Laws too gentle are seldom obeyed; too severe, seldom executed.

Rules too soft are seldomly followed; rules too harsh are seldomly executed.

My goal for reform is not necessarily to pass laws but to make sure the laws are being followed.

I have never refused to talk to any authorities or give them any information I had.

Most lawsuits against the EPA historically have come either because of the agency's lack of regard for a statute or because the EPA failed in an obligation or deadline.

The sales tax, excise and property registration departments are all more eager to collect cash in their drawers than to collect for the government's coffers.

It is quite wrong that one group of people should regularly and deliberately flout the law, boast about it and get away with it.

You can't regulate every lab in the world.

There are some outcomes in finance we don't want, and government should regulate that.

Without question, I'm not a fan of the EPA. The EPA has overstepped their boundaries each and every day. They get into areas they shouldn't be involved in... the states have the right to regulate themselves if they have the ability to do so - and we do because we have the Department of Environmental Quality.

Modi government has not flouted any rule or regulation to help anyone.

Regulation needs to catch up with innovation.