Today, I am in San Francisco at the Enterprise 2.0 Conference at the Moscone Center, speaking on a panel about social media policies. I gave a presentation on Cloud Computing at the 2009 version of the Conference in Boston: Evening in the Cloud and Compliance and a presentation on blogging at the 2008 version of … Read more »
Enterprise 2.0 Made Easy With Compliance
Enterprise 2.0 Made Easy – Part 1 from Geek & Poke Read more »
How Did Madoff Go Bad?
Last Friday, the SEC published the exhibits for Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme (Report No. OIG-509). That was 536 separate exhibits tying to fill in the background on what happened with the SEC and Madoff. The one that caught my eye was exhibit 104 that summarized a June … Read more »
Money Laundering Awareness Handbook
The Organization for Economic Cooperation and Development issued a handbook that provides guidance designed to help tax examiners and tax auditors detect and deter money laundering: The Money Laundering Awareness Handbook for Tax Examiners and Their Auditors. The purpose of this handbook is to raise the awareness level of tax examiners and auditors on money … Read more »
FINRA and Social Networking
Wall Street bankers and analysts increasingly want to use social networking to connect and interact with customers. But financial services companies have a hard time trying to comply with the compliance and regulatory requirements. Social networking sites such as Facebook, Twitter and LinkedIn provide new ways for financial service firms to connect, inform and interact … Read more »
Happy Halloween!
Image is by 3268zauber: Kürbis Fratze.jpg licensed under the Creative Commons Attribution ShareAlike 3.0 Read more »
Compliance Bits and Pieces
Here are some interesting compliance stories that have not made their into their own posts: Canada’s Commitment to Combating the Corruption of Foreign Public Officials: Watching Bill C-31 from the Wrageblog Bill C-31, An Act to amend the Criminal Code, the Corruption of Foreign Public Officials Act and the Identification of Criminals Act, was introduced … Read more »
Insider Trading Debates
Insider trading is back in the news. The SEC has shown heightened interest in prosecuting these cases, evidenced by the high-profile arrest of Galleon hedge fund manager, Raj Rajaratnam, on civil and criminal charges. One thing to keep in mind is that insider trading is not defined in the federal securities laws. The SEC has … Read more »
Amendments to the Private Fund Investment Advisers Registration Act
Enacting legislation is often compared to making sausage. I don’t think that the Private Fund Investment Advisers Registration Act is exception. I spent some time watching the House Financial Services Committee hearing on passing the Private Fund Investment Advisers Registration Act. There were 13 proposed amendments, 8 of which were agreed to by the Committee. … Read more »
Windex and Compliance
People are more fair and more generous when they are in clean-smelling environments, according to a soon-to-be published study: The Smell of Virtue. The experiment had participants engage in several tasks, the only difference being that some worked in unscented rooms, while others worked in rooms freshly spritzed with citrus-scented Windex. The first experiment was … Read more »