Doug Cornelius on compliance for private equity real estate
These are some of the compliance-related stories that recently caught my attention. JP Morgan’s Twitter Mistake by Emily Greenhouse in the New Yorker This is Twitter’s very purpose: to allow any individual to share the same space with, for instance, a hugely powerful bank. With this space comes attention and authority. Unlike at JPMorgan’s Park … Read more »
What is the proper role of business? Ben W. Heineman Jr. served as the senior vice president and general counsel of GE for 15 years so he has some sense of the role of business. During that period GE was one of the most respected and valuable companies in the world. Mr. Heineman has an … Read more »
It was an unusual show of bipartisan support when the original JOBS Act was passed in the Spring of 2012. Congress is following in the footsteps of movie studios and looking to produce a sequel. Financial Services Committee Chairman Jeb Hensarling has promoted a group of bills that he thinks will comprise the JOBS Act … Read more »
Last week, the SEC’s Division of Investment Management released a guidance update that focuses on funds that use a name that “suggests safety or protection from loss.” The IM Guidance Update is a shot across the bow, warning a fund to considering changing its name if it exposes investors to “market, credit, or other risks.” … Read more »
The new Rule 506(c) is a big substantive change on how private placements can be run. That leaves many, including me, with a lot of questions. The Securities and Exchange Commission just posted a series of new questions and answers on the new rule. Most of the answers are expected confirmations, but there are a … Read more »
These are some of the compliance-related stories that recently caught my attention. We chat with Harvey Pitt about CCO independence, prestige in The FCPA Blog The FCPA Blog wanted to explore the idea of the dual-hatted compliance officer — the one who occupies both the general counsel and chief compliance officer roles in a company. We … Read more »
The Securities and Exchange Administration announced that it entered into its first deferred prosecution agreement with an individual. What’s remarkable is that this is first time the SEC has done so. Back in early 2010, the SEC announced that it had launched a new enforcement cooperation initiative. The SEC did a big (for the SEC) … Read more »
My thanks and gratitude to our nation’s Veterans. There are more than 22 million Veterans who have served in the United States Armed Forces that have reintegrated back into our society. It is quite likely that one of you or one of your co-workers has a parent, grandparent, sibling or neighbor who is a Veteran … Read more »
These are some of the compliance-related stories that recently caught my attention. Happy Birthday, Federal Sentencing Guidelines for Organizations by Jeff Kaplan in Conflicts of Interest Blog Twenty-two years ago today the Federal Sentencing Guidelines for Organizations went into effect. Although only a set of rules (i.e., not an actual statute), these Guidelines have had … Read more »
Nine Washington cities and counties in the Wenatchee Valley region thought it would be a good idea to join forces to build a regional events center and ice hockey arena. They formed the Greater Wenatchee Regional Events Center Public Facilities District and authorized the District to issue bonds to fund the construction of the Town … Read more »