Charles Schwab has launched Compliance Solutions to help financial services firms and industry providers meet increasingly complex employee compliance and regulatory requirements. The Charles Schwab Corporation acquired Compliance 11, Inc. and paired it with Schwab Designated Brokerage Services to form the new initiative.

"Companies understand that they need to meet regulatory requirements, but at Schwab we believe compliance can and should mean more than a check-the-box approach," said Trish Cox, senior vice president for Corporate Brokerage Services at Schwab.

"Consumers value open and transparent business practices, and positive perception in this area may benefit a company's bottom line. When managed effectively, a compliance program can be an opportunity to position a company favorably in the marketplace, build trust with clients, and enhance value and market share for a firm."