March comes in like a lion and out like a lamb. The same may be true of the SEC when it comes to the 2008 financial crisis and the SEC. This week’s Supreme Court decision in Gabelli v. SEC, means that the SEC has only 5 years after the date of the fraud to bring … Read more »
Category: Compliance Bricks and Mortar
Compliance Bricks and Mortar – Russian Meteor Edition
Overnight a huge meteor streaked across the skies of Chelyabinsk, Russia. What does this have to do with compliance? Apparently, Russian drivers regularly use these cameras to fight corruption. BREAKING: Huge Meteor Blazes Across Sky Over Russia; Sonic Boom Shatters Windows by Phil Plait in Bad Astronomy Apparently, at about 09:30 local time, a very … Read more »
Compliance Bricks and Mortar – Blizzard Edition
I’m bunkered down waiting for a blizzard to unleash its wrath on Boston. While my snowblower is waiting for the flakes to fall from the sky, these are the compliance-related stories I’m reading. ‘Without Wheels’: Sometimes Circumstantial Evidence Can Be Quite Powerful by Bruce Carton in Compliance Week The SEC alleged that Vance learned about … Read more »
Compliance Bricks and Mortar for February 1
These are some of the compliance related stories that recently caught my attention. SEC Charges Former Jefferies Executive with Defrauding Investors in Mortgage-Backed Securities by Mark Astarita in the Securities Law Blog According to the SEC’s complaint filed in federal court in Connecticut, the former executive arranged trades for customers as part of his job … Read more »
Compliance Bricks and Mortar for January 25
These are some of the compliance related stories that recently caught my attention. The SEC at a Crossroads: Can Things Be Turned Around? by Broc Romanek in the CLS Blue Sky Blog Over the past fifteen years, the SEC’s reputation has been routinely sullied – in the press, by the Courts and certainly in the … Read more »
Compliance Bricks and Mortar for January 4
These are some of the compliance related stories that caught my attention during this first week of 2013 and last week of 2012. Khuzami Posts Blog Comment Defending SEC’s Record, Policies by Bruce Carton in Compliance Week In a December 27 post, Johnson wrote that as Robert Khuzami will reportedly soon step down as Director … Read more »
Compliance Bricks and Mortar for the End of 2012
It’s been a slow week in compliance. The highways and trains have been near empty during my commute. It seems there are more seagulls than people in the Financial District. But a few compliance-related stories caught my attention. Why a Popular Subsidy for Banks Died in the Senate by John Carney in CNBC’s NetNet The … Read more »
Compliance Bricks and Mortar – Mayan Apocalypse Edition
If you’re reading this, then the Mayan Apocalypse didn’t happen. (At least not yet.) That means back to work and a look at some of the compliance stories that caught my attention recently. Dispatches From the Front Lines of the Ethics & Culture Wars by Matt Kelly in Compliance Week Does your organization know what … Read more »
Compliance Bricks and Mortar for December 14
These are some of the compliance related stories that recently caught my attention. ‘Tis the Season When Gifts Become Bribes by Alexandra Wrage in Corporate Counsel People who are otherwise serious about the global scourge of bribery get frustrated when anyone raises the issue of gifts as bribes. Surely, most people will say, we haven’t … Read more »
Compliance Bricks and Mortar for December 7
These are some of the compliance-related stories that recently caught my attention. High-Speed Trades Hurt Investors, a Study Says by Nathaniel Popper and Christopher Leonard in the New York Times A top government economist has concluded that the high-speed trading firms that have come to dominate the nation’s financial markets are taking significant profits from … Read more »