At the inaugural CCOutreach National Seminar, held last Monday at the Washington headquarters of the Securities and Exchange Commission, SEC Chairman Christopher Cox spoke about compliance issues faced by chief compliance officers, and the role these compliance professionals play within in their firms.

Cox pointed out that "one-size-fits-all" does not apply to CCOs, because advisory firms all differ from each other in client base, services, investment expertise and organizational structure. "No two advisory firms are exactly alike," he said.

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