News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-11-17T21:58:00
For years, executives, managers, and employees at broker-dealers, investment advisory firms, and swap dealers used unauthorized communication channels to conduct company business.
They texted clients and colleagues from their personal devices. They exchanged emails from personal accounts. And, perhaps most systematically, they sent thousands of business-related messages that were not recorded by their employer on apps like WhatsApp, WeChat, Signal, and Slack.
So, what’s the big deal? Why does using unauthorized channels matter?
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2023-11-30T16:00:00Z By Aaron Nicodemus
Addressing employee use of off-channel communications for conducting business was clearly on the minds of compliance officers who responded to our “Inside the Mind of the CCO” survey, but their confidence in their related policies and procedures was surprisingly weak.
2023-11-15T15:46:00Z By Kyle Brasseur
A big year for disgorgement helped the Securities and Exchange Commission to its second highest total of financial remedies ordered in a single year in fiscal year 2023.
2023-11-01T16:00:00Z By Adrianne Appel
Businesses must step up their internal policing and do a better job of reporting violations to the Securities and Exchange Commission, according to Gurbir Grewal, director of the agency’s Enforcement Division.
2024-06-17T21:11:00Z By Jeff Dale
Top-of-mind issues addressed at Compliance Week’s Third-Party Risk Management & Oversight Summit, held June 3-4 in Atlanta, included safe deployment of artificial intelligence, assessing vendor viability and sustainability, understanding the role of procurement in risk ranking, the intersection (or lack thereof) between data privacy and cybersecurity, and many others.
2024-05-22T16:29:00Z By Aly McDevitt
Anne Morriss, co-author of “Move Fast and Fix Things,” advises compliance officers to tap into curiosity, communicativeness, and comfort with discomfort to build organizational trust, fast.
2024-05-16T13:43:00Z By Kyle Brasseur
Regulators and government agencies often speak to the value of empowered corporate compliance programs to advancing their mission. Why not practice what they preach by empowering compliance among their own ranks?
Site powered by Webvision Cloud