The National Ethics Bureau (NEB) announced today that the Charles Schwab Corporation is the recipient of their "Eye on Ethics" award for commanding the highest standards of ethical conduct for all their directors, officers and employees.
SAN DIEGO, CA (PRWEB) July 5, 2004 -- The National Ethics Bureau (NEB) announced today that the Charles Schwab Corporation is the recipient of their "Eye on Ethics" award for commanding the highest standards of ethical conduct for all their directors, officers and employees. These standards, as well as the consequences for failure to comply and report violations, are outlined in Schwabs 12-page "Code of Business Conduct and Ethics" compliance manual. Founder & Chairman Charles R. Schwab and CEO David S. Pottruck have been named as co-recipients of this award.
"These days, many financial institutions are jumping on the 'ethics bandwagon' and paying lip-service to a culture of ethics and values," said Steven McCarty, National Director of the NEB, "But Schwab has a long-standing reputation for honesty and integrity in the industry because their core values have not changed in over three decades."
The Charles Schwab Corporation, through Charles Schwab & Co., Inc. and its other subsidiaries, provides securities brokerage and related financial services for over 7.5 million active client accounts with approximately $985 billion in assets.
NEB Executive Director Jeffrey Kopitz remarked "Charles Schwab Corporation's dedication to ethics is the fulfillment of their written Code, Vision and Values. Its evident that Schwab's commitment to these standards is fundamental to the way they do business."
The NEB established the Eye on Ethics Award to honor those that demonstrate an extraordinary level of support and dedication to the advancement of exemplary business ethics in America. The NEB seeks to identify individuals or organizations that provide evidence of this commitment through excellence in policy, print, journalism or literature.
About National Ethics Bureau
The National Ethics Bureau (NEB) is a membership organization of approved financial advisors who have maintained an exemplary record of business ethics. The NEB verifies to consumers that each member holds a current professional license(s), has met all continuing education requirements thereof and has a history of exemplary business ethics which includes verification through a seven year business-related criminal background check.
The NEB is a privately held member organization and is completely independent of any political, social or industry affiliations or agendas. All correspondence, including member registration, member services, and media relations are conducted through their offices located at 12707 High Bluff Drive, Dept 200, San Diego, CA 92130.
# # #
|
