The economic recovery bill signed into law last month promised all manner of stimulus and reforms to get America working again. And sure enough, compliance officers now have lots to do.
Formally known as the American Recovery and Reinvestment Act, the law imposes a slew of new compliance obligations—many taking effect right away, even though companies have little guidance about exactly what they’re supposed to do. Most notable so far have been the Recovery Act’s new rules for executive compensation at companies taking government bailout money. But the law also spells out new policies on corporate whistleblowers, data privacy, healthcare, taxes, and more.
