Foreside President David Whitaker recently caught up with Mainebiz for a one-on-one discussion sharing more about our customized compliance and technology solutions and why Portland, Maine is essential to the firm.
David discussed a common mistake we see financial firms make when it comes to compliance is wearing too many hats — performing more than one function and attempting to balance multiple roles and responsibilities.
From a compliance standpoint, this heightens the risk of potential regulatory issues. A firm’s lack of attention to compliance is also a red flag for the state and federal regulators.
Click here to read the full interview and learn more about our efforts to bring more diversity to our workforce.