Raytheon: From Two Monitors to One

Raytheon

Some interesting compliance news from Raytheon, which said in a regulatory filing on Friday that the company will have only one independent compliance monitor for the corruption and fraud cases it settled in 2024 — down from the two monitors that were part of the original plan. As you might recall, in October 2024 Raytheon…

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‘Failure to Escalate’ and Career Risks

escalate

We’ve had a few posts lately about compliance officers who suffer retaliation for raising misconduct issues to senior management. Today we flip the script, and wonder about the career harms that can befall compliance officers who don’t raise issues high enough up the command chain. This is on my mind thanks to a jarring story…

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Prediction Platform Kalshi Bolsters Trust Efforts

Kalshi

Kalshi, the popular predictions platform that lets people make bets on just about anything, is expanding its market surveillance and enforcement teams to crack down on people using the platform for clandestine insider trading.  And just in time, too; since the U.S. attorney for Manhattan said Thursday that abuses in the prediction markets are “an…

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Compliance Jobs Report: Feb. 6

compliance jobs

Much interesting gossip in the Compliance Jobs Report this week. We have hiring news at ByteDance (and a related hiring question at eBay), Roche Diagnostics, Bloom Energy, Pinterest, Ant International, and elsewhere. Levi Strauss and Northern Trust both made notable promotions, and job leads are in higher ed, construction, and diabetes. Plus our Meme of…

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RFK Jr. and an Insidious AI Risk

RFK Jr.

We have not yet had occasion on this blog to discuss Robert Kennedy Jr. and his job running the Department of Health and Human Services; but alas, our luck has run out. Kennedy just unveiled plans for a new artificial intelligence tool at HHS, and we have important lessons here about AI and the risks…

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More Notes on Retaliation Against CCOs

retaliation

Not long ago I moderated a webinar on retaliation specifically against compliance officers, and two weeks later, I’m still not sure how I feel about it. Yes, it was great to hear all the advice that compliance professionals shared about how to withstand retaliation — but yikes, retaliation against compliance officers is so, so prevalent.…

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AI and Compliance Careers, Part II

career

You might remember that the other week we had a post tracing the traditional career path of compliance professionals, and how that path might change as artificial intelligence seeps into corporations and new risks keep crowding onto your plate. Today we have some reader feedback that raises some great points about the future of compliance…

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Compliance Jobs Report: Jan. 30

Compliance jobs

The Compliance Jobs Report continues even amid the cold weather this week! We have news from Block, Girl Scouts USA, BP, Zscaler, Raytheon, Snap, and many more. Job leads this week are in defense contracting, city management, and lingerie; and Meme of the Week goes out to headaches! We also take any other gossip you…

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ADM Settles Fraud Case for $40M

ADM

Food giant Archer Daniels Midland has settled accounting fraud charges with the Securities and Exchange Commission, agreeing to pay $40 million in penalties for sketchy financial reporting moves in the early 2020s that artificially inflated the earnings of a supposed high-growth operating division. Internal control and anti-fraud folks, we have lots to review here. The…

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More Reality Checks on AI Adoption

AI

Today we have more food for thought about artificial intelligence systems and how they work in corporate organizations: three reports all suggesting that so far, workers and corporations alike aren’t reaping the benefits that AI supposedly delivers.  This is important because remember, we’re all supposed to love AI. The chief executives all say AI is…

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