Barbara Roper
Barbara Roper
Barbara Roper quotes about
bad change cost executives oftentimes sign tone
If you look at the infraction records, oftentimes it's the same firms that are getting caught, a sign that the executives are condoning bad behavior. The tone is set from the top, and it doesn't cost anything to change that.
number pleasantly surprised
I have been pleasantly surprised on a number of fronts.
corporate financial resources reviewed since statements
The SEC doesn't have the resources to do its job. In 1980 the SEC reviewed all corporate financial statements every year. In 2000, they reviewed about 15 percent. Enron's statements hadn't been reviewed since 1997.
adds conflicts environment potential pressures
The for-profit environment adds to the pressures and potential conflicts of interests,
effective fact form forty percent states ultimately
Ultimately you can't get around the fact that forty percent of states are not inspecting advisors at all?and only thirty-six percent are inspecting them enough to form an effective deterrent.