Does your policy look something like this sign? This is a real sign that was posted near schools on Bogie Lake Road in White Lake, Michigan. The speed limit is normally 45 on that street, except during these half hour periods on school days when the speed limit drops down to 25, except the first … Read more »
Category: Publish to KM Space
How Wall Street Killed Financial Reform
I’m sure you heard in the news that JP Morgan lost $2 billion in a trades using complex derivatives tied to corporate bond defaults. But didn’t we fix this two years ago when Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act? It seems like JP Morgan’s mistakes should be the first test … Read more »
Social Media and the Financial Risk
This is not meant to be a scare tactic. It’s just pointing out that web publishing tools have made it very easy to be a publisher. That’s great from an information perspective because it’s so much easier to find relevant information. The problem is that the ease of publishing and finding information has nothing to … Read more »
Compliance and Patriots’ Day
And the shot heard ’round the world Was the start of the Revolution. The Minute Men were ready, on the move. Take your powder, and take your gun. Report to General Washington. – Schoolhouse Rock! Patriots’ Day honors the anniversary of the Battles of Lexington and Concord, the first battles of the Revolutionary War. That … Read more »
The Death of Martindale Connected
When Lexis backed a social networking platform for lawyers, I paid attention. I didn’t think a platform for lawyers would be interesting, but if it connected to some of Lexis’s massive collection of legal content it could at least be informative. That never came to the Martindale Connected platform. The platform has remained boring and … Read more »
Crowdfunding the Crowdfunders
With President Obama set to sign the Jumpstart Our Business Startups Act on Thursday, it seems the race is on to create a crowdfunding portal and to start making money. Crowdfunding has been around for a long time and the use of a crowdfunding portal dates back several years. Now there is a crowdfunding accreditation … Read more »
A Conversation with Paul Volcker
In a night out that only a compliance geek would love, I spent Monday night listening to Malcolm Salter talk with Paul Volcker, former Chairman of the Federal Reserve. Harvard University’s Edmond J. Safra Center for Ethics and the Center’s director, Lawrence Lessig, hosted the event in the Ames Courtroom at Harvard Law School. The … Read more »
Am I a Man or a Muppet?
From Felix Salmon: Two Goldman Sachs “clients” take a look at themselves after Greg Smith’s New York Times op-ed in this musical puppet number. A parody of the Oscar-winning song “Man or Muppet” rewritten by author and law professor Frank Partnoy. Read more »
Battling Back Against Spammers
The SEC posted a warning on Bogus E-Mail Purporting to be from SEC Office of the Whistleblower. The SEC’s Office of the Whistleblower is real; the e-mail is a hoax. Earlier this week I received an angry email complaining about spam sent by me. That left me a bit confused because I don’t send out … Read more »
Technical Problems
Sometimes things just go wrong. No matter how hard you try (or don’t) you need to expect the unexpected. Software and systems inevitable break and go down. And when a system goes down, it will inevitably go down at the least convenient time. The key is testing, redundancy, and back-up. You can’t prepare for all … Read more »