%0 Journal Article %A Paul A Samuelson %A Evan Schulman %T New Frontiers in Compliance %D 2005 %R 10.3905/jpm.2005.570148 %J The Journal of Portfolio Management %P 44-47 %V 31 %N 4 %X 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. %U https://jpm.pm-research.com/content/iijpormgmt/31/4/44.full.pdf