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MyComplianceOffice to acquire Schwab Compliance Technologies

MCO (MyComplianceOffice), a provider of conduct risk and compliance technology, is to acquire Schwab Compliance Technologies (SCT).

SCT serves some 700 clients providing a SaaS solution that automates asks associated with monitoring employee trading activity and efficiently administering a firm’s Code of Ethics.
 
The acquisition is expected to close in mid-2022. For now, the plan is business as usual for both firms. Following the close, MCO will work closely with Schwab to ensure a smooth, effective transition for SCT clients.

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