Posts by Matt Kelly
Podcast: Domestic Corruption & Bribery
Several weeks ago compliance professionals saw two enforcement actions involving energy companies implicated in bribing government officials here in the United States. They were sobering reminders that FCPA-like misconduct can happen right here at home, too. Today I want to pick up that thread again, with a deeper look at how domestic corruption risks do…
Read MoreCompliance Jobs Report: Aug. 14
This week’s Compliance Jobs Report has more drama at Wells Fargo (the CCO leaving), plus new hires at Amazon, STADA, Danske Bank, and elsewhere. We have job openings from Houston to Los Angeles to Michigan, and our Meme of the Week goes out to corporate reorganizations everywhere. As always, thank you to all the compliance…
Read MoreCompliance Jobs Report: Oct. 25
The Compliance Jobs Report has lots of moves up the ladder this week, with promotions or new reporting relationships at Terex, Jaguar Health, Northwestern Mutual, and elsewhere. AXA has a new chief auditor, SNC-Lavalin’s former compliance officer has gone consultant, and we have job openings from Minnesota to the South Atlantic. Our Meme of the…
Read MoreSecurities Enforcement Forum 2019
Several hundred securities enforcement professionals gathered in Washington on Wednesday for the 2019 Securities Enforcement Forum. Radical Compliance couldn’t be there in person, so we gathered a bundle of dispatches from social media to give a flavor of what was discussed. After all, when under SEC investigation, you want the experience to be as enjoyable…
Read MoreFeds: SEC Staffer Stole Data to Land CCO Role
Oh good lord: Federal prosecutors have indicted a former SEC enforcement attorney with stealing information from the agency while he worked there — so he could set himself up as chief compliance officer of a private equity firm under SEC investigation. Michael Cohn, chief compliance officer of GPB Capital Holdings, was charged in federal court…
Read MoreAI, Getting Ahead of Us Again
Well here’s a creepy example of artificial intelligence racing ahead of our ability to govern it wisely: a tech startup that uses AI to study job applicants’ facial expressions, speaking style, and word choice to generate an “employability score” for people and then filter out low-ranking candidates. The startup in question is HireVue, and you…
Read MoreSEC Tees Up Whistleblower Reforms
At long last, the SEC seems ready to vote on reforms to its whistleblower awards program, a contentious proposal that would cap the size of large awards while giving the SEC more discretion to hand out smaller awards. The commission has scheduled an open meeting for next Wednesday, Oct. 23, to review and presumably adopt…
Read MoreCompliance Jobs Report: Oct. 18
Lots of big names in the Compliance Jobs Report this week. We have moves at Walmart, the University of North Carolina, Citi, Convercent, and many more. We have job openings from New York to California to Saudi Arabia, and our Meme of the Week goes out to stubborn general counsels. I gather these bits of…
Read MoreLessons From Another Needless Death
America recently had yet another tragedy of a police officer shooting someone in her own home by mistake, in an incident fraught with questions about racism and overzealous policing. Compliance officers should study this case because it offers some important lessons about risk management. You might already know the story by now. Atatiana Jefferson, a…
Read MoreReport: Misalignment on Risk Management
The Institute of Internal Auditors just dropped an unsettling new report on the state of risk management. Namely, corporate board directors believe their organizations are better at managing key risks than corporate executives do — and an uncomfortably high number of executives and directors say that misalignment is OK. The report, OnRisk 2020: A Guide…
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