Abstract
As technology transforms financial services, so too must it transform the regulation of financial markets and intermediaries. The imperative of real-time, prophylactic regulation increasingly compels reallocation of regulatory and compliance budgets to surveillance and enforcement technology. At the same time, in light of the well-known weaknesses of automated systems, securities firms (and their regulators) must temper investment in automation with efforts to augment the agency of compliance professionals. This symposium contribution considers how investment in the professional development of compliance personnel can better integrate automated tools within established compliance and supervisory structures and thereby advance regulatory and operational objectives.
Recommended Citation
Onnig H. Dombalagian,
Preserving Human Agency in Automated Compliance,
11 Brook. J. Corp. Fin. & Com. L.
(2016).
Available at:
https://brooklynworks.brooklaw.edu/bjcfcl/vol11/iss1/4
Included in
Agency Commons, Banking and Finance Law Commons, Civil Law Commons, Computer Law Commons, Legislation Commons, Science and Technology Law Commons, Securities Law Commons