In today’s edition of Daily Compliance News:

  • Theranos founder Elizabeth Holmes defense? The government defrauded Theranos (not the other way around). (New York Times)
  • Wells Fargo creates new compliance position but promotes old employee into it. (Financial Times)
  • Too many auditor findings of insufficient controls? SEC solution, eliminate the requirement. (MarketWatch)
  • Deutsche Bank accused of bribery in London lawsuit. (Bloomberg)