The U.S. Supreme Court has finally clarified when the statute of limitations starts on federal securities lawsuits, an issue last addressed 20 years ago. Until the high court’s ruling last month, appellate courts had taken various views on exactly when the clock starts ticking for such claims. For that reason alone, says Jonathan Youngwood, a […]
Jaclyn Jaeger
Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal, enforcement, technology, and more. Prior to joining CW, she spent four years as a legal reporter for Lawyer’s Weekly. Jaclyn attended undergraduate school at St. Joseph’s College of Maine and graduate school at Emerson College, earning degrees in journalism.
Posted inInternal Controls
Shop Talk: Managing Third-Party Risks
On April 22, 2010, Compliance Week and SAI Global presented an exclusive editorial roundtable about strategies for managing third-party risks. The roundtable, held at the Jefferson Hotel in Washington D.C., was moderated by Compliance Week Editor Matt Kelly and Christine Mills, senior vice president of SAI Global. Panelists included executives from Hewlett-Packard, Johnson Controls, Aramark […]
Posted inFrom the Archive
CIT Group Names Chief Risk Officer
$3 billion CIT Group, a provider of financing to small businesses and middle market companies, has named Lisa Polsky as its chief risk officer, effective May 17. She will report directly to Chairman and Chief Executive Officer John Thain. In her new role, Polsky will be responsible for developing and implementing an enterprise-wide risk management […]
Posted inFrom the Archive
MetLife Names General Counsel
$41 billion insurance provider MetLife, has named Nicholas Latrenta general counsel. He succeeds James Lipscomb, who retired from the position at the end of April after almost 38 years of service. As general counsel and head of MetLife’s legal affairs organization, Latrenta will lead the company’s global legal operations. He also will oversee MetLife’s government […]
Posted inFrom the Archive
SEC Names Associate General Counsel for Legal Policy
The Securities and Exchange Commission has named Rchard Levine an associate general counsel for legal policy in the agency’s Office of the General Counsel, effective immediately. Levine will provide legal and policy advice to the Commission on a wide range of matters, with a particular emphasis on enforcement, corporate disclosure, and accounting. Since 1997, Levine […]
Posted inEthics & Culture
Talking Ethics at Tyco Electronics
In the latest of our conversations with corporate governance and compliance officers, we talk with Richard Suminski, deputy general counsel and chief ethics and compliance Officer of Tyco Electronics, about the establishment of that company’s ethics and compliance function, following its spin-off from Tyco International in 2007. Readers can also visit our archive of Q&A […]
Posted inAccounting & Auditing
IRS Brass Explains Reporting of Uncertain Tax Positions
The Internal Revenue Service has begun a charm offensive to help defuse tensions about its new plans to require corporations to disclose uncertain tax positions as part of their tax returns. Speaking at an April 23 Webcast hosted by PricewaterhouseCoopers, IRS Chief Counsel William Wilkins tried to assuage fears that the agency will use those […]
Posted inFrom the Archive
FINRA Bars Compliance Officer
The Financial Industry Regulatory Authority last week permanently barred Tod Bretton, former chief compliance officer and head trader for Prestige Financial, for engaging in a fraudulent trading scheme that generated approximately $1.3 million in profits for him and his firm at the expense of customers by subjecting their orders to improper and undisclosed additional charges. […]
Posted inFrom the Archive
New General Counsel at Choice Hotels
Choice Hotels International has promoted Ronald Parisotto to senior vice president, general counsel and corporate secretary. Parisotto will continue to report to President and CEO Stephen Joyce. In his new position, Parisotto is responsible for leading all aspects of the company’s legal department both domestically and internationally, including corporate governance, securities, labor, litigation, franchising, and […]
Posted inFrom the Archive
New Managing Directors at PwC
PricewaterhouseCoopers has announced the hiring of John Loveland as a managing director in PwC’s U.S. Forensic Technology Solutions practice, and will be based in the Washington D.C. He will focus on building and growing the practice nationally, and will service a wide range of clients in matters of forensic investigations, privacy and enterprise document management. […]