Computershare has put together a White Paper that they distributed through Compliance Week: An Explanation of the SEC Notice and Access Rules: What Do They Mean for Your Company? (.pdf)[For Compliance Week Subscribers] Pamela Eng, Product Manager for Computershare Investor Services takes us through The SEC’s Shareholder Choice Regarding Proxy Materials rules in Release No. … Read more »
Online Social Networking: Is It a Productivity Bust or Boon?
I recently had an article on Faceblocking published in the March 2009 issue of Law Practice magazine: Online Social Networking: Is It a Productivity Bust or Boon for Law Firms? Steve Matthews and I conducted an informal poll to see if we could confirm that law firms were blocking access to social networking sites. Our … Read more »
FINRA Announces Creation of “Office of the Whistleblower”
FINRA announced that they have created a new Office of the Whisteblower to expedite review of high-risk tips. FINRA Senior Vice President Cameron Funkhouser will oversee this new office. What’s not clear to me is how this new initiative differs from the existing File a Regulatory Tip procedure. According to the press release, this new … Read more »
Cost-effective Compliance Risk Assessment
Rees Morrison, publisher of Law Department Management, is hosting a series of articles on Cost-effective Compliance Risk Assessment. This series is written by Jeff Kaplan of Kaplan & Walker LLP. The first article was on Three trends regarding the costs of ineffective compliance. Jeff first focused on the increasing occurrence of the “mega fine.” Then … Read more »
Lawyer’s Noisy Withdrawal from Stanford Case
Lawyers must protect their clients’ confidence, but they can’t aid in the commission of a potential crime. The Wall Street Journal covered some of the facts leading up to the “noisy withdrawal” of Thomas Sjoblom of Proskauer Rose LLP from their representation of the Stanford Financial Group: Top Lawyer’s Withdrawal From Stanford Case Waves a … Read more »
Twitter Good or Bad?
Most people are up in the air about what to do with Twitter. I thought I would put together two contrasting views. First up, Evan Williams on how Twitter’s spectacular growth is being driven by unexpected uses: And then Jon Stewart on why the Twitter Frenzy is silly: The Daily Show With Jon StewartM – … Read more »
Federal Knowledge Management Working Group
The Federal Knowledge Management Working Group consists of over 700 Federal employees, contractors, academicians and interested members of the public who have mounted a campaign to enhance collaboration, knowledge and learning in the Federal Government by implementing formal knowledge management. Neil Olonoff, who is the leader for the initiative looking at the formation of a … Read more »
Corporate Compliance Fraud in Georgia, Florida and Massachusetts
Just like the Corporate Compliance Fraud in Ohio, Compliance Services is also targeting companies in Georgia, Florida and Massachusetts. The Daily Citizen is reporting Georgia corporations warned about solicitations. The Georgia Secretary of State issued a warning: “Several corporations registered with the Corporations Division of the Office of the Secretary of State received a letter … Read more »
Twitter in the Workplace
Should you allow your employees to use Twitter? Are they already using Twitter? The answer to both questions is probably YES. Your employees are probably already using Twitter and they do not need your computer network for access. They can access Twitter by text messages, an iPhone, a blackberry or any other smartphone. Personally, I … Read more »
Hedge Fund Adviser Registration Act of 2009
Congressmen Mike Capuano of Massachusetts and Mike Castle of Delaware introduced the Hedge Fund Adviser Registration Act of 2009 (H.R. 711). The Act, if passed, would delete Section 203(b)(3) from the Investment Advisers Act of 1940. This section of the Investment Advisers Act exempts from registration an investment adviser who has fewer than 15 clients … Read more »