The Securities and Exchange Commission has scheduled a vote on its proposed climate-change disclosure rule for next week, amid rumors that the agency will drop its original idea to have companies track and report the carbon emissions of their supply chains. The meeting will happen next Wednesday, March 6, at 9:45 a.m., and will be…
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Family Dollar Stores is paying $41.6 million to settle charges that the discount retailer ignored a rat infestation at one of its distribution centers and allowed contaminated goods to go to its retail stores — one of the ickier examples of corporate culture gone wrong that we’ve seen lately. The settlement, announced Tuesday by the…
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The Public Company Accounting Oversight board is seeking more input on its controversial proposal for audit firms to look more aggressively for compliance violations at client companies, amid continuing fierce debate over the benefits and potential costs of the idea. The PCAOB announced Monday that it will hold a roundtable on March 6 to solicit…
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Another week, another enforcement action from the Federal Trade Commission giving us a glimpse into what modern data protection programs should look like. This time the company in question is a telecommunications company that flubbed basic data protection protocols and then suffered a breach; and as usual, the FTC gives compliance, privacy, and IT security…
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Thank you for visiting, dear readers, but Radical Compliance is taking some much-needed vacation this week. We likely won’t have any updates to the website, and no newsletter on Friday, Feb. 23. You can always send us tips at [email protected]. Otherwise, behave yourselves and we’ll be back as usual on Monday, Feb. 26.
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At long last, we have an internal controls and compliance angle on Donald Trump’s courtroom drama! When Trump was ordered last week to pay $355 million in damages for his civil fraud trial in New York, the judge in the case also ordered the Trump Organization to hire a director of financial compliance. This person,…
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The Compliance Jobs Report this week has updates from Penn State, the Nature Conservancy, Intel, Zimmer Biomet, and lots more. Our Job leads are in testing systems, healthcare tech, and Spanish-language TV, and Meme of the Week goes out to Fani Willis! Always remember that we need your help to make the Report work, so…
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The Association of Certified Fraud Examiners has just released a new benchmarking report on anti-fraud technology, with some interesting findings about fraud detection that make me wonder whether compliance folks are managing internal controls as efficiently as we might. ACFE published its 2024 Anti-Fraud Technology Benchmarking Report on Tuesday, based on a survey of nearly…
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The Securities and Exchange Commission has fired off another volley of enforcement actions for employees’ improper use of messaging apps — but this time we have a new twist! The SEC has been quietly granting waivers to the offending firms to keep working on deals when normally their conduct would disqualify them from doing so.…
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The Compliance Jobs Report this week has updates from Smithfield Foods, Sabre Corp., Binance, Wells Fargo, the CFA Institute, and a surprising amount of news about IT auditors. Job leads in higher education, rural health insurance, and “specialty compliance,” and Meme of the Week goes out to internal audit! Always remember that we need your…
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