Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

technically Sacks could be under the hook also for non-compliance...


Depends but it's possible. Given the decision though it was important to distance themselves, both culturally and legally. Anybody who is seen to contribute to non-compliance WILL NOT be celebrated. What the regulators want to see, what the employees need to see. In fintech/regtech, if you contribute to making others in the company non-compliant you should be dead to the company - not because they necessarily did anything "evil" or anything like that, just because that's how it HAS to be treated.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: