Checks and balances as well as ethical decision making are extremely important to the operation of any institution

Every institution should have regulations printed and accessible to all students and prospective students.

Honesty and accuracy of information should be at the forefront of all communications with students.

My understanding is that it is extremely important to follow all rules and regulations, never assume anything, if you don't know or aren't sure ask questions. Being compliant is best for the institution, employees, prospective students and students.