Please remember to those who have served in the armed forces for the sacrifices they have made.
Below are some of the compliance-related stories that caught my attention.
Donald Trump’s Transition Team: We Will ‘Dismantle’ Dodd-Frank in the Wall Street Journal
The brief note on Mr. Trump’s new website marked the first time since Tuesday’s election that the president-elect addressed financial regulatory policy. The statement was consistent with Mr. Trump’s campaign trail rhetoric, blaming the Obama administration’s signature response to the financial crisis for a tepid economy and promising to “replace it with new policies to encourage economic growth and job creation,” but providing few details. [More…]
When Compliance Counsel Speaks, CCOs Should Listen by Tom Fox in FCPA Compliance & Ethics
I was recently having breakfast with a colleague and we were discussing the Department of Justice’s (DOJ) Compliance Counsel Hui Chen and what we believe to be the positive impact she has had on the compliance community, compliance programs and the role of the Chief Compliance Officer (CCO). I told him about some of her public remarks about what constitutes an effective compliance program. [More…]
Five Post-Election Points for CCOs to Ponder by Matt Kelly in Radical Compliance
Well, the American people, in their endless wisdom or lack thereof, elected Donald Trump to the White House and gave us a Congress even more deeply divided than before.
The post-mortems on what happened last night and what it means for the country will be many, and last for months. Compliance officers can get started with a few items that should be on your radar screen today.
Key Lawmakers are gone, or busy [More…]
Here’s How the SEC Is Using Big Data to Catch Insider Trading in Reuters
Formed in 2010, the Analysis and Detection Center of the SEC’s Market Abuse Unit culls through billions of rows of trading data going back 15 years to identify individuals who have made repeated, well-timed trades ahead of corporate news.
The new strategy is starting to show results, enabling the SEC to launch nine insider trading cases, around 7% of cases the agency brought since 2014 against people who trade on confidential corporate information. [More…]
