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Need help with my writing homework on Regulatory Measures. Write a 750 word paper answering;
Need help with my writing homework on Regulatory Measures. Write a 750 word paper answering; This paper will examine regulatory measures as stipulated in the Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes-Oxley Act (SOX), and Consumer Financial Protection Bureau (CFPB). Indeed, in 1991, the federal government through the United States Sentencing Commission enacted the Federal Sentencing Guidelines for Organizations to curb legal violations in organizations by imposing harsh penalties upon organizations whose employees or company representatives commit federal crimes (Ethics Resource Centre, 2005). Ideally, the Federal Sentencing Guidelines for Organizations would also guide the Federal Judges while convicting and punishing organizational defendants (Ethics Resource Centre, 2005). The Federal Sentencing Guidelines for Organizations came because of continued debate over the significance of instilling ethical conduct in organizations to guide the code of operations (Ferrell et al, 1998). Actually, the need for an ethical conduct emanated from the fact that organizations continuously violated the law that governed their operations. Moreover, the ethical and legal challenges that faced the managers and employees of an organization necessitated the establishment of an ethics program and its compliance policy (Ethics Resource Centre, 2005).