Compliance Jobs Report: July 16

compliance jobs

The Compliance Jobs Report this week has more woes with Credit Suisse; new hires at TikTok, Victoria’s Secret, and elsewhere; a few industry awards and other milestones worthy of congratulations; and a bunch of job leads all in Chicago. Our Meme of the Week goes out to Wes Anderson films, even though I don’t like…

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Our First SPAC Enforcement Action

SPACs

Well that’s one way to crash and burn: the SEC has charged a SPAC and the space technology company it was trying to acquire with misleading investors about the deal’s proposed risks — including national security questions raised about the space company’s founder — ahead of a proposed merger next month.  The tale is rather…

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Robinhood, Part II: Due Diligence Fails

robinhood

Today I want to return to FINRA’s enforcement action against Robinhood, that online stock trading app with the terrible track record at customer due diligence and risk profiling. Even though the case involves the somewhat rarified compliance rules for broker-dealer firms, there’s a lot here that speaks to technology and due diligence challenges overall. Robinhood,…

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A Book for Compliance Entrepreneurs

compliance

Good news for compliance professionals slaving away in the corporate world and dreaming of leaving to start your own business: a trio of compliance entrepreneurs just published a book offering guidance on how to do exactly that.  The book is The Compliance Entrepreneur’s Handbook: Tools, Tips, and Tactics to Find Your Killer Idea and Create…

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Compliance Jobs Report: July 9

compliance jobs

The Compliance Jobs Report this week has new hires at TikTok, DTE Energy, Aerojet Rocketdyne, and Deutsche Telekom, among others; and departures at Walt Disney, ArcelorMittal and University of Minnesota. We also have job openings this week in gambling, building materials, and boots; and a bunch of compliance folks getting promoted.  As always, thank you…

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Binance Compliance Hiring Spree

Binance

The chief executive of cryptocurrency exchange Binance just published an interesting statement, promising to double the size of the firm’s compliance team by the end of this year and to invest in various other compliance program efforts — all while regulators around the world are putting Binance and its operations under a microscope. Changpeng Zhao,…

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Hong Kong Jails Compliance Officer

cco liability

A corporate compliance officer in Hong Kong has been sentenced to 18 weeks in prison there for assaulting a plainclothes police officer, where the compliance officer was actually trying to protect a teen the officer was beating during pro-democracy protests.  The compliance professional in question, Samuel Bickett, is a U.S. citizen who had been working…

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Random Thoughts on Compliance

random

Radical Compliance is taking a few days of vacation this week. So until we return, it’s time for another edition of random thoughts on all things compliance-, audit-, and risk management-related, and whatever else comes to mind.  So, wait — the Trump Organization and CFO Allen Weisselberg actually kept a spreadsheet of improperly recorded compensation?…

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Compliance Jobs Report: July 2

compliance jobs

Another busy Compliance Jobs Report this week. We have hiring news from StockX, Nayara Energy, Agoda, FirstKey Homes, and more; plus a few promotions to tout, job openings from Chicago to Florida to your spare bedroom, and our Meme of the Week goes out to Star Wars. As always, thank you to all the compliance…

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Lessons From Robinhood

robinhood

FINRA served up an eye-popping enforcement action this week, hitting online trading app Robinhood with a $70 million fine — the largest ever in FINRA history — for a host of poor business practices and misleading statements made to Robinhood customers over the years.  The settlement order is 123 pages long, so clearly it will…

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