11141622 - MY Level III Training Material

11/10/22

– In a Perfect World Everyone Would: – Know the Law and Regulations by Heart – Obediently Comply

– Seek out the Regulator’s Advice and Guidance – Eagerly Await the Regulator’s Visits – Enthusiastically Adopt the Regulator’s Recommendations – View the Regulator with Utmost Respect and Appreciation – Always Agree with the Regulator’s Viewpoint – Welcome an Enforcement Action as an Opportunity to Improve

The Job of a Regulator Is Easy…

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– Regulators are Often Regarded:

– With Equal Measures of Dread and Distrust – As Intrusive Second Guessers – As Unsympathetic and Self-Important – As Harsh and Unyielding – As Thoughtless and Unmindful of Practical Realities – As a Drain on Resources – As an Imposed Evil

In the Real World…

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