Lawyers
Investigations Practice Group Co-Chair Harris Fischman was quoted in a PwC white paper, “Conflicts of Interest: Under-Disclosed, Under-Monitored and Under-Mitigated,” about how many organizations underestimate their exposure to conflict-of-interest risk and how unmanaged conflicts can escalate into enterprise-level crises. Regulators view conflicts of interest as a test of whether an organization’s compliance program works in practice, Harris notes, reinforcing the need for effective guardrails. “Recent enforcement actions make clear that the SEC is focused on whether a firm’s internal practices match what it tells investors and employees,” Harris says. “The SEC is using conflicts of interest as a window into how compliance programs actually operate.”
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