Activision Trying to Right the Ship

Activision

Activision Blizzard is looking to hire at least 19 people to build up its ethics and compliance function, as part of a broader effort to address complaints from regulators and employees that the company tolerated a poor corporate culture for years.  The hiring plans were announced in a staff memo circulated last week by Frances…

Read More

Compliance Jobs Report: Oct. 22

compliance jobs

The Compliance Jobs Report this week has personnel moves at AAR Corp., CareMax, Oxford University Press (a departure there), and several compliance hires at CEVA Logistics, to name only a few. We have some work anniversaries to note, job leads in higher education, healthcare, and security guards; and our Meme of the Week goes out…

Read More

CFTC’s $200M Whistleblower Award

CFTC

Here’s news that will leave whistleblowers speechless: the Commodities and Futures Trading Commission just gave out the largest whistleblower award in U.S. history, a $200 million windfall reportedly going to a former Deutsche Bank executive who provided crucial help in unraveling the LIBOR rate-fixing scandal. The CFTC won’t confirm the whistleblower’s identity, but the person…

Read More

‘Master of Kickbacks’ and Credit Suisse

Credit Suisse

Compliance professionals have another large FCPA enforcement action to pore over this week, thanks to the perpetually struggling Credit Suisse and several economic development loans for the country of Mozambique that were, quite literally, soaked in corruption.  The headline, announced on Tuesday, is that Credit Suisse will pay $475 million to regulators in the United…

Read More

Compliance Jobs Report: Oct. 15

compliance jobs

Lots of interesting items in the Compliance Jobs Report this week! News from CoinFlip in crypto, Chewy in pet foods, Akili in video game biotech (seriously), and many more! We also have a few promotions to note, job leads in financial services and manufacturing, some news from tech vendors, and Meme of the Week goes…

Read More

Compliance Jobs Report: Oct. 8

compliance jobs

The Compliance Jobs Report this week has updates in aluminum, pharmaceuticals, financial services, and even government service in the great state of Michigan! Plus a notable hire in the compliance consulting world, and job openings from food service to pharma to higher education. Our Meme of the Week goes out to players of Uno. As…

Read More

More on SEC Penalties Policy Shift

agenda

The SEC’s new director of enforcement delivered his first speech this week, where he outlined a more aggressive use of monetary penalties to deter corporate misconduct and how the SEC will evaluate cooperation and other factors while deciding how large of a penalty to impose. The speech came from Gurbir Grewal, who took over as…

Read More

Ozy Media’s Governance Flop

ozy

You may have missed this, but last week a media business with oodles of funding from Silicon Valley closed up shop because of flawed leadership behavior that culminated in accusations of fraud. Which gives us yet another opportunity to talk about the importance of board governance to keep leaders’ ethical conduct correct. The media business…

Read More

Compliance Jobs Report: Oct. 1

compliance jobs

The Compliance Jobs Report this week has news at Pall Corp., Robinhood, Sandvik, Doctors Without Borders, a few fintech firms, and lots more. We also have job leads in higher education, healthcare, and credit unions, and our Meme of the Week goes out to ESG programs. As always, thank you to all the compliance people…

Read More

Goldman Compliance Officer Busted on Insider Trading

insider

A senior compliance analyst at Goldman Sachs has been charged with insider trading by the SEC, which says the man racked up more than $470,000 ill-gotten profits by trading in brokerage accounts held under his parents’ names.  The man, Jose Luis Casero Sanchez, worked in the control room of Goldman’s offices in Warsaw, Poland, from…

Read More