Apology and Commitment to Compliance at Solomon

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Summary

A statement from the leadership of Solomon addressing past misconduct, expressing apology, and outlining a future commitment to compliance and integrity within the company.

Highlights

Opening Apology and Acknowledgment
00:05

The speaker begins by apologizing for the wrongdoing that led to the current situation, acknowledging that laws were broken and expressing regret on behalf of Solomon's 8,000 employees.

Impact on Employees and Families
00:30

Recognition of the impact on employees and their families due to the actions of a few. The speaker emphasizes the hardworking and honest nature of the majority.

Commitment to Cooperation and Investigation
00:55

Promises cooperation with authorities to uncover the truth and hold those responsible accountable, highlighting the limitations of internal investigations.

Future Compliance Measures
01:20

The speaker outlines steps to make Solomon a leader in financial services compliance, emphasizing the importance of a compliance-driven culture.

Message to Employees
01:45

Employees are encouraged to act with integrity and consider the public perception of their actions. The speaker prioritizes reputation over profit.

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