Day: July 31, 2019

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Trekking Through Compliance

Trekking Through Compliance-Episode 61 – Spectre of the Gun

In this episode of Trekking Through Compliance, we consider the episode Spectre of the Gun which aired on October 25, 1968, Star Date 4585.3.
Compliance Takeaways:

  1. How can you overcome biases?
  2. Have you looked at your supply chain for compliance innovation?
  3. Moving compliance into the DNA of your organization.

 
 

Categories
Compliance Into the Weeds

Compliance into the Weeds: Episode 133-Facebook Settlement

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore recent Facebook settlement with the SEC and the FTC. We also explore what the new DOJ antitrust investigation may portend going forward.
Some of the highlights include:

  • This is now the second SEC settlement under this fact pattern.
  • The SEC settlement was three times the amount of the Yahoo settlement.
  • Did the FTC settle too low (or too high)?
  • Is Facebook prevented from doing anything going forward?
  • What is the impact if any on the stock price? Does the market even care?
  • Is the DOJ antitrust investigation simply a politically motivated attack?
  • Has the administration thought through the implications of its antitrust investigations?

For further reading on Conn’s see Matt’s blog posts: Facebook, Power and Antitrust Issues

Categories
Daily Compliance News

Daily Compliance News: July 31, 2019, the changes at the DOJ edition

In today’s edition of Daily Compliance News:

  • Changes in the DOJ Fraud Section. (WSJ)
  • Micronesian government official sentenced in FCPA case. (WSJ)
  • Auditors in the spotlight in Oxy proxy fight. (MarketWatch)
  • Rolls Royce booked with bribery in India. (TheHindu)
Categories
Great Women in Compliance

Hitting it out of the Park-an Interview with Fernanda Beraldi

In this episode of Great Women in Compliance podcast, Lisa had the opportunity to speak with Fernanda Beraldi, who is Senior Director, Ethics and Compliance at Cummins, Inc.  Fernanda started her career in Sao Paolo in Brazil, and started on her path to compliance when she was a junior attorney who worked on one of the first FCPA cases in South America and saw first-hand what can happen when people are not “walking the walk,” even if the policies are strong.
Fernanda came to the United States for a masters in law program in Indiana, and stayed in Indianapolis.  We discussed a number of different things, including:
  • Overcoming assumptions from others, including those in her LLM program assuming she would be interested in immigration or other South America focused areas;
  • Breaking down cultural barriers and stereotypes as a Brazilian woman in the mid-west United States and about her work-life balance
  • The use of American sports lingo and slang in business and some memorable and funny moments and conversations Fernanda has had in the US
You can find the Great Women in Compliance at our home on the Corporate Compliance Insights website at  https://www.corporatecomplianceinsights.com/great-women-in-compliance/
and you can also search for it on itunes or your favorite podcast player.