News Brief

SEC fines Maximus $500K for not disclosing pay of exec’s siblings


Government healthcare services corporation Maximus settled with the Securities and Exchange Commission for allegedly failing to disclose an executive’s two siblings were also employed by the company and received annual compensation of more than $120,000.


News Brief

Canoo to pay $1.5M over misstatements, disclosure lapses


Electric vehicle manufacturer Canoo agreed to pay $1.5 million as part of a settlement with the Securities and Exchange Commission for alleged material misrepresentations regarding revenue and failing to properly disclose executive compensation.

WIC Amii


Women in Compliance Summit proves value of congregating, allyship


Compliance Week’s inaugural Women in Compliance Summit featured two days dedicated to elevating attendees and addressing some of the unique challenges women face in the profession.

Stanley Black & Decker

News Brief

​Stanley Black & Decker avoids fine in SEC executive perks case


Tool manufacturer Stanley Black & Decker avoided a civil penalty in settling with the Securities and Exchange Commission regarding alleged violations of executive perk disclosure rules.

Employee compensation


CCO compensation survey: Big gains for energy, healthcare


Annual total compensation for chief compliance officers rose 10 percent in 2022, according to the latest compensation survey by executive search firm BarkerGilmore.

Gregory Becker SVB hearing


Four takeaways from Senate hearings on SVB, Signature Bank failures


Leaders at Silicon Valley Bank, Signature Bank, and the regulators who seized their banks testified before Congress across separate hearings.

CW2023 Leadership Panel


CW2023 leadership panel assesses new DOJ priorities, training impact


Recent policy changes at the Department of Justice provided plenty of fodder for a leadership panel of senior legal and compliance practitioners to discuss during Compliance Week’s 2023 National Conference.



Survey: In-house counsel salaries, bonuses decreased in 2022


In-house counsel salaries took a small step back in 2022, according to the latest analysis from executive search firm BarkerGilmore, while overall bonuses suffered a much steeper decline.

DOJ building

News Brief

Sibley Hospital, Johns Hopkins to pay $5M for improper billing


Sibley Hospital and its parent company, Johns Hopkins Health System, agreed to pay $5 million to settle allegations the hospital billed Medicare for services referred by physicians with whom it had a financial relationship.

Silicon Valley Bank

News Brief

Bipartisan bill would empower FDIC to pursue failed bank exec clawbacks


The Failed Bank Executives Clawback Act seeks to require the Federal Deposit Insurance Corporation to claw back five years’ worth of compensation from executives who lead failed banks.

Joe Biden

News Brief

Biden calls for banking exec clawbacks amid failures


President Joe Biden is calling on Congress to “do more to hold senior bank executives accountable” since the market turmoil that has followed the collapses of Silicon Valley Bank and Signature Bank.

DOJ wall


Experts: DOJ clawback pilot to be ‘work in progress’


Businesses and compliance professionals should expect the Department of Justice’s new compensation clawback policies to be applied on a case-by-case basis, with broad discretion, according to legal experts.

Credit Suisse sign

News Brief

Credit Suisse discloses ICFR ‘not effective’ in 2022


Credit Suisse Group disclosed in its annual report its internal control over financial reporting was “not effective” for the fiscal year ending December 2022.

DOJ building

News Brief

DOJ sets new compliance criteria for criminal investigations


The Department of Justice announced changes to its evaluation procedures for corporate compliance programs in criminal investigations, including monitoring off-channel messaging by employees, executive compensation programs, and how the agency selects compliance monitors.


News Brief

DOJ to implement new clawback, compensation policies for corporate settlements


Corporate resolutions involving the Department of Justice’s Criminal Division will now include a requirement the resolving company develop compliance-promoting criteria within its compensation and bonus system, according to Deputy Attorney General Lisa Monaco.


News Brief

Greenbrier Companies fined by SEC over CEO perk disclosures


Greenbrier Companies and its former chief executive officer will pay a total of $1.1 million to settle charges from the Securities and Exchange Commission the firm failed to disclose perks related to the use of a private jet owned by the CEO.

Morgan Stanley

News Brief

Reports: Morgan Stanley fines bankers up to $1M for off-channel communications


Morgan Stanley fined its employees up to $1 million for using unauthorized communication channels in violation of recordkeeping rules, according to multiple reports.


News Brief

McDonald’s avoids SEC fine for misleading statements related to fired CEO


The Securities and Exchange Commission found McDonald’s violated federal securities law when it failed to fully disclose material factors regarding the firing of former Chief Executive Stephen Easterbrook in 2019.



CCO/CECO salary data: Five noteworthy trends


Chief compliance officers are earning more than before compared to previous years of our “Inside the Mind of the CCO” survey, though trends like differences in gender pay persist.



SEC passes Dodd-Frank executive pay clawback rule


The Securities and Exchange Commission passed a rule to require public companies to recover incentive-based compensation doled out to current and former executives up to three years before issuing an accounting restatement.