I’m a newbie four days on the job at one of the major wires. SEC circular k-34-56 prevents me from disclosing firm name. Penalties range from prision time to having my pee-pee whacked. Seriously, is there a more heavily regulated industry in the world? Nuclear waste? Asbestos removal?
I was in the nuclear Navy, and yes, it is more heavily regulated. But the
regulations are more cut-and-dried. Our industry regulations are more
along the lines of "Don’t do anything that we might not like. We’ll let you
know if you’ve crossed the line."
Fortunately, with time, you’ll learn to trust your gut on most regulatory
issues. I think I can speak for most of us when I say that when I started, I
didn’t worry about intentionally breaking the law. I worried about that reg
that I didn’t know I violated. You’ll get the hang of it. Just be especially
careful at first, and when in doubt, always take the more cautious route.
Best of luck!