IRVINE, Calif. — Principles-based rules won’t be a panacea for financial services and, in fact, could create more regulatory risk, some industry observers say. The concept of flexible rules is being ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

“I thought that was OK because it didn’t say I couldn’t do that in the SOP.” Have you ever heard that from one of your crewmembers when you confronted them for making a mistake or bad judgment call?

In recent years, the SEC has been making a move toward more “principles-based” regulation, in which regulatory guidance provides broad compliance principles and leaves regulated firms to figure out ...

Many claim that "principles-based" accounting standards are superior to "rules-based" standards. For example, the chair of the International Accounting Standards Board, Sir David Tweedie, made this ...

As we enter an "Era of Ecosystems," we need a different approach and thinking to manage these multi-dimensional and multi-lateral business relationships. I believe the partner management processes ...

While cryptocurrencies progress at a breakneck speed, the debate on crypto regulation is becoming more and more pressing. But the issue isn't so much how much to regulate—it's how. In an ecosystem ...

When I hear of a company that creates policies for everything, I automatically think “low-trust organization.” Don’t get me wrong: policies are undoubtedly necessary for some organizational processes, ...