With the apparent demise of the Labor Department’s fiduciary rule, the SEC has stepped in to fill the void. Will the proposed Regulation Best Interest aid investors?
Joe Mont
Posted inBoards & Shareholders
New guide offers blueprint for successful virtual shareholder meetings
The Virtual Annual Shareowner Meetings Study Group—comprised of 17 executives representing institutional investors, public companies, and proxy and legal service providers—has released a report that identifies best practices to consider when managing virtual meetings.
Posted inUncategorized
New legislation offered to help regulators fight illegal robocalls
New legislation was introduced in the Senate this week to help the FCC prosecute violations of its robocall rules by increasing the related statute of limitations for FCC action from one year to three.
Posted inUncategorized
Podcast: Sanctions compliance made easy—even when things get complex
In our latest podcast our guest is Julie Myers Wood, CEO of Guidepost Solutions, an investigative and compliance consulting firm. We discuss ways to simplify sanctions compliance and ways to leverage the program to meet other regulatory objectives.
Posted inUncategorized
Podcast: Sanctions compliance made easy—even when things get complex
In our latest podcast our guest is Julie Myers Wood, CEO of Guidepost Solutions, an investigative and compliance consulting firm. We discuss ways to simplify sanctions compliance and ways to leverage the program to meet other regulatory objectives.
Posted inUncategorized
FTC Commissioner Terrell McSweeny to resign
Terrell McSweeny, a commissioner of the Federal Trade Commission since April 2014, will depart the agency by the end of this month. Chairman Maureen Ohlhausen described her as “a steadfast advocate for consumers and competition.”
Posted inUncategorized
Battle over CFPB’s auto loan guidance could expand scope of CRA
A Senate vote on Tuesday invalidated CFPB guidance on automobile lending practices and could give legislators greater ability to deploy the Congressional Review Act as a tool for regulatory rollbacks.
Posted inUncategorized
Government bans domestic deals with China-based ZTE
The Commerce Department’s Bureau of Industry and Security has imposed a denial of export privileges on Chinese telecommunications giant ZTE. American companies are now prohibited from selling parts and software to ZTE for seven years.
Posted inEthics & Culture
Deeds trump talk in compliance culture
From gender-based pay discrepancies to cultural sensitivities, deeds are more important than talk of a quality corporate culture. It is a lesson companies may learn the hard way.
Posted inFinancial Services
Kathryn Murtagh: The endowment overseer
For Kathryn Murtagh, managing director and chief compliance officer at Harvard Management Company, handling myriad compliance concerns of Harvard’s financial management arm takes a special kind of vision and commitment.
