Within a command-and-control regulatory program, performance-based standards may offer advantages over standards specifying design, behavior, or manner of compliance.

WHITEHOUSE: Memoranda 01-27 (Guidance for Implementing E.O. 13211)

Once the traders find that compliance can monitor in real time, that changes the behavior of the entire trading floor.

FORBES: Monitoring Traders Trade: Sell-Side, Buy-Side or Asset Managers

However, recent efforts to dampen unethical behavior in organizations, with codes of ethics, compliance departments, ethics training and the like, have often been stunningly ineffective, to put it bluntly.

FORBES: Magazine Article

We need not just audits of compliance procedures, we need serious ethical education about patterns of desirable behavior and the reasons behind them.

FORBES: What Drives Trust Violations in Business: Villains or Villages?