The Federal Trade Commission is continuing to pursue bloggers who fail to disclose that they received incentives to discuss a company’s products. Back in December, the Federal Trade Commission released new guidelines that specifically required bloggers to disclose any material connections to a product or company they are writing about. The FTC is focusing its … Read more »
Category: Publish to KM Space
Compliance and the South Pole
We reckoned now that we were at the Pole. Of course, every one of us knew that we were not standing on the absolute spot; it would be an impossibility with the time and the instruments at our disposal to ascertain that exact spot. But we were so near it that the few miles which … Read more »
I’m an NFL Owner
Sort of. The Green Bay Packers want to expand Lambeau Field by 6,700 seats, add new gates and new video boards. To finance the improvements, the team ownership decided to sell additional stock in the ownership corporation. Since the Kraft family is unlikely to be selling the Patriots anytime soon, I was willing to part … Read more »
Compliance Bits & Pieces for MF Global Edition
MF Gloabl clearly took a big bet on European sovereign debt. It looks like Jon Corzine, the head of the company, essentially went “all-in” and bet the company on the trades. He lost. His counterparties called collateral and the company quickly lost liquidity and solvency. On Halloween, MF Global filed for bankruptcy, listing $39.7 billion … Read more »
Ethics, Trust, and Stupidity
A three panel comic says it all: Read more »
Boomerang – Michael Lewis Looks at the New Third World
Michael Lewis packages his stories on the effects of the global financial crisis in Iceland, Greece, Ireland, Germany, and California into one book: Boomerang. If you had ready the stories when they were published in Vanity Fair, then you’ve ready the book. If you missed some (or all) of those stories then this book is … Read more »
Salute a Veteran
U.S. President Woodrow Wilson first proclaimed an Armistice Day for November 11, 1919. “To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed … Read more »
Compliance Bits and Pieces for November 4
Here are some compliance-related stories that recently caught my attention: How Trustworthy Are You? from the Trusted Advisor A summary infographic on five questions from the Trust Quotient self-assessment Investigation Nation: SEC Employees and Inspector General Play Cat-and-Mouse by Bruce Carton in Compliance Week’s Enforcement Action A group called Citizens for Responsibility and Ethics in … Read more »
Halloween and Compliance
A compliance professional can turn the fun and chaos of Halloween into a boring night on the study of procedure. Here, I’ll prove it. Let’s start with costumes. Have you imposed a “no costume = no candy” rule. Perhaps you merely skimp on the older kids who have skimped on dressing up. If you, like … Read more »
Occupy the SEC
I will admit that I have been personally dismissive of the Occupy Wall Street movement and the splinter group of Occupy Boston that I pass by on the way to the office. Yesterday’s post on Occupy LEGO Land was an example. They lack a message and I personally think most of their message are off … Read more »