Key takeaways discussed in the chapter: While training is valuable most of the time, it's not a tool to an end in compliance. It's a tool you use to prevent misconduct, but it's not an end in itself.

Ironically, though, businesses lacking a compliance culture frequently contend with more disciplinary measures and lawsuits than their complying rivals rather than concentrating on operating a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...