BS, try run a Blue Sheet once. I did it every day for years.
It was always fun to go through accounts. Compliance, NASD, and the SEC don't disclose what they look into. However, it was fun to peek while running the report. Don't have a choice as I had to turn in peculiar trades to compliance quite often.
It is called part of the "job" and complying with "swearing an oath".
Sheesh.