Thursday, July 12, 2012

Compliance

I'm currently attending a NCAA compliance seminar. The NCAA is currently attempting to deregulate. A couple of thoughts: 1)with excessive legislation compliance costs go up. With deregulation, the pressure will be on institutions to transfer savings in compliance to jazzing up expenses elsewhere. Conclusion: there won't be an overall savings. 2) there are always unintended consequences to rules change. It will be interesting to see what these will be. 3) the NCAA is aiming at "low-hanging fruit,"changes where most are in agreement. The process may bog down when they start trying to shake the upper branches to knock off the rest of the fruit.

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