Compliance Staff To Get Boost: Cerulli

More than 40% of asset managers plan to increase their marketing compliance staff, Cerulli Associates Inc. reports.

Compliance positions are becoming increasingly high-profile as the marketplace as a heightened regulatory environment increases the need for oversight and review of companies’ public messages, says Cerulli, Boston.

Marketing compliance groups are responsible for ensuring that their firms comply with relevant laws and regulations when producing literature, creating advertising or other public communications.