Appointment Blogs | Compliance Week – Page 195

  • Blog

    Mutual funds call for corporate board accountability

    2016-05-03T09:30:00Z

    As proxy season begins, holding boards accountable is the new black, and issues such as proxy access and dual-class companies are giving critics and activist shareholders new avenues for holding corporate board members’ feet to the fire. More from Stephen Davis and Jon Lukomnik.

  • Blog

    FASB floats one more change to cash flow classification rules

    2016-05-03T07:30:00Z

    FASB is aiming to get companies on the same page when classifying changes in restricted cash. Currently, some firms reflect cash receipts and payments in bank accounts that hold restricted cash as cash inflows and outflows, while others designate those transactions as non-cash investing. Tammy Whitehouse reports.

  • Blog

    Insured Retirement Institute partners with Gainfully

    2016-05-02T16:00:00Z

    The Insured Retirement Institute has announced a new partnership with Gainfully, a first-of-its-kind open marketing platform for the financial services industry. Through the partnership, financial advisors can now leverage the Gainfully platform to share relevant and timely content with their clients using social media in an SEC and FINRA-compliant environment.

  • Blog

    InviteManager simplifies management of entertainment assets

    2016-05-02T14:00:00Z

    TicketManager, a SaaS provider in the ticket enablement and management market, has a new corporate identity: InviteManager. The SaaS solution enables companies to easily manage all their entertainment assets—from tickets to invitations to customer gatherings to custom experiences to at-event upgrades to analytics—all in one place.

  • Blog

    Don’t put illegal conduct in power point slide presentations

    2016-05-02T13:45:00Z

    “Death by PowerPoint” is a typical description of really poor presentation technique, but it might just be a way to describe how some companies accidentally self-report their own corruption. Tom Fox has more.

  • Blog

    The SEC asks Novartis, ‘Haven't we met before?’

    2016-05-02T13:30:00Z

    After settling an FCPA enforcement brought by the SEC in March, Novartis is now under criminal investigation in South Korea for alleged illegal payments to physcians. Should the SEC reopen its investigation?

  • Blog

    Key Energy: Justice Department has closed FCPA investigation

    2016-05-02T11:30:00Z

    Key Energy Services, an oilfield services company, said last week that the Department of Justice has decided not to file any charges against it in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act. Key said it's also reached an agreement in principle with ...

  • Blog

    2016 SEC trial scorecard update: agency moves to 4-0 in trial verdicts

    2016-04-30T11:00:00Z

    Yesterday, the SEC continued its undefeated streak in its FY 2016 federal court trials. The SEC announced that on April 29, following a two week trial in the U.S. District Court for the Northern District of Illinois, a jury returned a verdict in favor of the SEC in its case ...

  • Blog

    Trump’s non-GAAP was first to face SEC enforcement

    2016-04-29T14:30:00Z

    Long before Donald Trump launched his presidential campaign, the entertainment giant he founded, Trump Hotels & Casino Resorts, faced the wrath of the SEC, whose leadership he would shape if elected. Tammy Whitehouse looks back on Trump’s SEC enforcement action.

  • Blog

    Study: CEO pay had lowest increase since financial crisis

    2016-04-29T11:00:00Z

    Total median CEO pay, excluding pensions, at large capital U.S. companies grew just 3.9 percent, the lowest increase since the financial crisis of 2008. That’s the conclusion drawn in a new study by ISS Corporate Solutions, a subsidiary of Institutional Shareholder Services, a leading proxy advisory firm.

  • Blog

    FINRA issues first cross-market report cards

    2016-04-29T10:30:00Z

    The Financial Industry Regulatory Authority has launched new, monthly “cross-market equities supervision report cards,” aimed at helping firms identify and halt potential manipulation, including spoofing and layering activity.

  • Blog

    Reval and SWIFT announce partnership

    2016-04-28T15:45:00Z

    A new agreement reached between SWIFT and Reval means that corporate treasury teams using the Reval Cloud Platform for automated cash and liquidity management can now join the SWIFT messaging network to connect their bank accounts anywhere in the world.

  • Blog

    SEC nominee confirmation watch: Nothing to see here!

    2016-04-28T15:15:00Z

    Three more weeks have now passed since a supposedly "routine" April 7 vote in Congress to approve SEC commissioner nominees Lisa Fairfax and Hester Peirce was abruptly terminated without a vote even taking place. Surely the Senate has gotten its act together by now to confirm (or not) President Obama's ...

  • Blog

    GM names new chief compliance officer

    2016-04-28T11:00:00Z

    General Motors has appointed Jeffrey Taylor as deputy general counsel and chief compliance officer, effective immediately. He will report to Craig Glidden, executive vice president and general counsel.

  • Blog

    Retail Properties of America names general counsel and corporate secretary

    2016-04-28T11:00:00Z

    Retail Properties of America has appointed Paula Maggio as general counsel and secretary. She will succeed Dennis Holland, who previously announced that he would be retiring on June 30.

  • Blog

    Centene names chief accounting officer

    2016-04-28T11:00:00Z

    Centene, a multi-line healthcare enterprise providing services to government-sponsored healthcare, has appointed Christopher Isaak to corporate controller and chief accounting officer, effective immediately.

  • Blog

    FASB extends planned effective date for new loan loss rules

    2016-04-27T14:45:00Z

    FASB is delaying the implementation date of its “current expected credit loss” model for how entities should give investors some early warning that debt instruments are not performing as anticipated. The board expects to publish the finished rule in June.

  • Blog

    Oxfam’s Big 10 food companies: progress, but more to be done

    2016-04-26T17:45:00Z

    An Oxfam report ranking the “Big 10” on seven core issues says firms need to ensure suppliers change their practices to align with commitments; adopt supply chain business models that guarantee power reaches those who produce ingredients; and more. Paul Hodgson has the score.

  • Blog

    Proposed rule extends big bank liquidity demands

    2016-04-26T15:45:00Z

    A busy day for bank regulators on Tuesday led to proposed rules dealing with new liquidity requirements, incentive-based compensation, and how small banks are assessed for deposit insurance. Joe Mont reports.

  • Blog

    FinCEN director stepping down

    2016-04-26T15:30:00Z

    Jennifer Shasky Calvery announced this week that she will be leaving her position as director of the Financial Crimes Enforcement Network (FinCEN) at the end of May. Calvery has served as FinCEN’s director since September 2012.