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Thomas R. Fox (tfox@tfoxlaw.com) is the Compliance Evangelist.
It is not often the Deputy Attorney General discusses the importance of corporate culture, yet Rod Rosenstein did so at a conference I attended in May, where he stated, “Ethical, law-abiding companies can better attract investors and partners. People want to do business with companies that they perceive as honest and reliable.” Moreover, a culture of compliance “mitigates risk, making companies more valuable and less likely to encounter unanticipated costs that may result from protracted investigations and penalties.”