“The Department of Justice and its agencies are changing regulations on a daily basis. Even companies and individuals who believe they are perfectly compliant under one set of rules may find those rules change tomorrow—whether due to a new administration or a new Attorney General.” – David Tarras, Federal Criminal Defense Lawyer
In this video, David Tarras, founder of Tarras Defense, explains why compliance is critical for businesses and individuals navigating federal regulations and modern financial markets.
David highlights that:
- DOJ regulations and enforcement priorities can change overnight
- Companies should not wait until there is an investigation to involve an attorney
- Proactive compliance reviews of financial transactions and cross-border activity are essential
- Cryptocurrency and digital asset transfers create new risks that must be evaluated
- Having a knowledgeable lawyer issue compliance opinions early can prevent liability later
As David explains: “If you do the compliance from the get-go, and if you have an attorney who understands the modern trends, then you don’t have to worry about the bad stuff later on. Focusing on compliance—even if you fully believe you’re compliant—is the right thing to do from the start.”