Search results for: donald trump
It’s Starting: Disclosure of ‘Trump Risk’
They’re here, they’re here! The first corporate filings that cite the incoming Trump Administration as a potential risk factor! The winner is TPI Composites, a Rhode Island-based manufacturer of components for wind power generation. TPI filed its third-quarter report at 4:41 p.m. on Wednesday, Nov. 9. Fourteen minutes later came the quarterly report for Adeptus…
Read MoreCompliance Jobs Report: Feb. 14
What better way to celebrate Valentine’s Day than the Compliance Jobs Report? This week we have news from Walmart, Bicycle Therapeutics, Pax8, Goldman Sachs, Square, and more. Job leads are in banking, online auctions, and fintech firms; and Meme of the Week goes out law firms feeling the pressure. Always remember that we need your…
Read MoreCorporate Enforcement Policy Tweaked Again
The Justice Department is relaxing its approach to corporate criminal enforcement yet again, this time giving companies a bit more breathing room for what counts as “self-disclosure” and “significant profit” — all to further entice companies to step forward and admit legal violations, so that those violations can be resolved more quickly. Nicole Argentieri, deputy…
Read MoreThe DOGE Effect on Risk Management
Elon Musk and Vivek Ramaswamy shed more light this week on how they want their Department of Government Efficiency to operate. Their vision shows an alarming lack of understanding about how government operates, so compliance professionals should watch closely for the mess these two might make; you’ll be among the many stuck cleaning that mess…
Read MoreSEC Kicks Climate Rule to 2024
The Securities and Exchange Commission has pushed adoption of its greenhouse gas disclosure rule to April 2024, confirming what everybody already knew: the agency’s progress on a final text is mired in debate about how to handle greenhouse gas emissions from a company’s supply chain. The Biden Administration published its Fall 2023 regulatory agenda on…
Read MoreI Talked Compliance With BlenderBot
Everyone knows I’ll talk ethics and compliance with just about anybody. So when Facebook decided to roll out its new AI-driven chatbox, of course I swung by its website and started asking the bot what it thought of corporate compliance programs. The bot, apparently named BlenderBot 3, was launched on Monday. People can strike up…
Read MoreOn Wisconsin and Cyber Risks
IT audit professionals looking for a fresh example of cybersecurity risk to study should turn their gaze to Wisconsin. A voter fraud conspiracy theorist there uncovered what is indeed a legitimate risk to election integrity, and his discovery speaks volumes about taking a risk-based approach to design of internal controls. The gadfly in question is…
Read MoreWalmart Compliance Exec Tapped for Bench
We rarely report personnel news outside the Compliance Jobs Report on Fridays, but this one is worth it: President Trump has nominated Walmart’s head of anti-corruption compliance to serve as a federal judge in Arkansas. The nominee is Lee Rudofsky, who has been Walmart’s head of anti-corruption compliance for one year. Rudofsky also served as…
Read MoreUpdate on Semiannual Reporting: Zilch
Corporate disclosure mavens, we have an issue that needs attention: Nobody is talking about the SEC’s recent call for comments about moving to a semiannual corporate reporting regime. As you might recall, the SEC published its call for comment in December — 31 pages of questions, asking investors, corporations, and all other interested parties whether…
Read MoreAnother Compliance Candidate for Public Office
We came across another compliance officer this week running for public office: Jessica McClure, an environmental compliance executive running for Congress in Nebraska. McClure was originally a chemist by trade, then went to law school and graduated in 2013. She has been working in environmental, FDA, and customs compliance ever since. She also proudly says…
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