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Compliance lessons from Trump’s business dilemmas

Joe Mont | January 24, 2017

Looking for a new gig? There may be a job opening over at Trump Tower.

Our ears perked upon hearing comments made at President Donald Trump’s last pre-inauguration press conference.

In the words of Sheri Dillon, a partner with law firm Morgan Lewis retained to structure new agreements pursuant to Trump’s business arrangements:

“He created a new position at the Trump Organization, the position of chief compliance counsel, whose responsibility will be to ensure that the Trump businesses are operating at the highest levels of integrity and not taking any actions that could be perceived as exploiting the office of the presidency.”

That job, for whoever gets hired, might very well be the toughest and most visible in all of the compliance world.

At the media availability, intended to address potential conflicts of interest inherent to the new President’s business holdings and dealings, Dillon also announced that an ethics adviser will be...

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