RT Journal Article
SR Electronic
T1 New Frontiers in Compliance
JF The Journal of Portfolio Management
FD Institutional Investor Journals
SP 44
OP 47
DO 10.3905/jpm.2005.570148
VO 31
IS 4
A1 Paul A Samuelson
A1 Evan Schulman
YR 2005
UL https://pm-research.com/content/31/4/44.abstract
AB In an era of increased regulatory oversight (not to mention litigious clients), compliance procedures need to be forward-looking, complete, scalable, and part of the order generation process. Compliance officers and fiduciaries must have simple, understandable documented evaluations of 1) where their portfolios were, and are, in risk-return space, and 2) all trades, detailing their effect upon portfolios in terms of risk and return (and taxes, if applicable) along with a statement or code regarding their relationship to any investment restrictions.