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10 For 10

10 For 10: Top Compliance Stories For the Week Ending December 14, 2024

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should remember from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • South African politicians slam token fine levied on McKinsey. (FT)
  • South African government is not working with McKinsey for the G-20.  (Bloomberg)
  • Fifth Circuit invalidates NASDEQ diversity requirements. (Reuters)
  • Ex-Trafigura COO says he was negligent, not criminal.  (Bloomberg)
  • Senators asked TD Bank to release the investigation results. (WSJ)
  • Former TD Bank employee charged.  (CNN)
  • Continued robust export control enforcement is predicted. (WSJ)
  • Patagonia fighting forced labor through exploring ‘atomic make-up’ of clothing. (WSJ)
  • Appeals Court upholds law requiring the sale of TikTok. (Reuters)
  • Methode discloses FCPA investigation. (MSN)

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You can check out the Daily Compliance News, which features four curated compliance and ethics stories each day, here.

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

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Because That's What Heroes Do

Deep Space 9 – Episode 19: Exploring ‘Far Beyond the Stars’ – Themes of Racism and Reality in DS9

Get ready for an exciting new season of Because That’s What Heroes Do. This season, they take a deep dive into their favorite 15 episodes of Deep Space 9. In this exploration, Tom and Megan are joined by Star Trek maven Alex Murphy (Murphy) from Montreal, a local historian, cinema, and TV fan who loves weird foreign films, all things horror, and obscure media. He has been watching Trek since he was a tiny punk, and it’s been a lifelong love. The team reviews the Far Beyond the Stars of Star Trek: Deep Space Nine, one of Tom’s all-time favorite episodes.

In this episode, Captain Sisko finds himself experiencing life as a Black science fiction writer in 1950s Harlem. The narrative explores themes such as racism, the struggles of following one’s dreams versus societal expectations, and the nature of reality itself. Through a blend of science fiction and social commentary, the episode offers a unique lens into character reimaginations and their inherent traits drawn from DS9’s universe. The podcast delves into the contrasts and similarities of characters’ alternate personas, the social challenges of the 1950s, and the continuous, layered test presented to Sisko by the Prophets.

Key highlights:

  • Exploring the Story of Benjamin Sisko
  •  Themes of Racism and Society
  • Murphy’s Analysis of Character Personas
  • The Penance of Benny Russell
  • Sisko’s Eternal Test of Loyalty
  • Comparing Madness: Sisko vs. Dukat

Resources:

Megan Dougherty 

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One Stone Creative

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Tom 

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Kerrville Weekly News Roundup

Kerrville Weekly News Roundup: December 14, 2024

Welcome to the Kerrville Weekly News Roundup. Each week, veteran podcaster Tom Fox and his colleagues Andrew Gay and Gilbert Paiz get together to go over a couple of their favorite stories from the past week from Kerrville and the greater Hill Country. Sit back, enjoy a cup of morning coffee, and listen in to get a wrap-up of the Kerrville Weekly News. We each consider two of our favorite stories and talk about the upcoming weekend’s events, which we will enjoy or participate in this weekend.

In this episode, Tom takes a solo turn to examine some of the things that caught his attention over the past week.

Stories include:

  • Lots of Christmas events in Kerrville
  • KPUB provides update
  • Trout fishing in Kerrville
  • Sneezin’ Season in the Hill Country
  • Schreiner University names new VP of Enrollment Management

Resources:

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

The Lead

Kerrville Daily Times

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All Things Investigations

All Things Investigations: FCPA Alert Week Sam Salyer on Highlights and Trends from the 2024 FCPA Alert

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group’s podcast, All Things Investigation. This week, we will feature five lawyers from HHR to introduce the firm’s always popular and annual FCPA and Anti-Bribery Alert. In part 5 of the 5-part series, host Tom Fox is joined by Sam Salyer on some key trends and highlights in enforcement and compliance from 2024.

Tom and Sam explore the smaller number of corporate enforcements and the significance of four individual trials, including the notable Myrta and Aguilar cases. Sam elaborates on the DOJ’s updated Evaluation of Corporate Compliance Programs (ECCP), emphasizing the importance of emerging risks and technology. They also delve into the DOJ’s new whistleblower program, its implications for internal compliance professionals, and the potential effects of the recently signed Foreign Extortion Prevention Act. This episode is a comprehensive wrap-up for compliance officers and legal professionals aiming to stay ahead in 2024.

Key highlights:

  • Enforcement and Compliance in Brazil
  • Enforcement in France and the Success of the Paris Olympics in Compliance
  • ESG for US companies under the Trump Administration

Resources:

Hughes Hubbard & Reed website

2024 Fall FCPA and Anti-Bribery Alert

Sam Salyer

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Compliance Tip of the Day

Compliance Tip of the Day – Using AI for Continuous Monitoring

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

Today, we consider how AI allows compliance to take a proactive, data-driven approach to emerging risk analytics.

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

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Classroom Insiders

Classroom Insiders, Season 2 – Exploring the Complexities of SEC vs. OBIS and the Misappropriate Theory

Welcome to Season 2 of Classroom Insiders, a podcast with Professor Karen Woody and her Insider Trading Seminar students from Washington and Lee University. They explore the arc and evolution of insider trading over the last century. Each episode will feature a discussion between Karen Woody and students about insider trading and regulation. Find out what the future lawyers of the university think about past and current legislation and learn more about this fascinating area of law.

In this episode of Classroom Insider Season 2, Professor Woody chats with Noah Gallagher and Ahmed. Together, they explore the intricate details of the famous insider trading case, SEC vs. OBIS. The episode dives into the initial allegations, the roles of various individuals involved, and the complex theories of insider trading used in the case, including the classical and misappropriation theories. The discussion also highlights the various legal challenges and court rulings that shaped the case’s outcome, mainly focusing on fiduciary duty, personal benefit, and scienter requirements.

Listeners will understand how the courts handle insider trading cases and the nuances that legal practitioners face. Noteworthy is the conversation on the impact of the court’s interpretations on the personal benefit test and how this case stands about the broader legal landscape of insider trading.

Key highlights:

  • Overview of SEC vs. OBIS Case
  • Details of the Insider Trading Allegations
  • Theories of Insider Trading Explained
  • Court Proceedings and Initial Rulings
  • Appeal and Trial Outcomes
  • Implications and Legal Interpretations

Resources:

Washington and Lee School of Law

Professor Karen Woody

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Presidential Leadership Lessons for the Business Executive

Presidential Leadership Lessons – The Rise and Presidency of Calvin Coolidge: An American Success Story

Who are our greatest Presidents? What lessons can the modern-day business leader learn from our 46 Chiefs of State? Welcome to a new season of this award-winning podcast series with Tom Fox and Richard Lummis to delve into the great and not-so-great Presidents to mine their successes and failures for today’s business executives. In this episode, Tom Fox and Richard Lummis delve into the life and career of Calvin Coolidge, also known as ‘Silent Cal.’

The discussion explores Coolidge’s early life in rural Vermont, his methodical rise through the political ranks, and his nuanced approach to governance. Highlighting his famous aphorisms about persistence and silence, they also touch on his handling of the 1919 Boston Police Strike, which catapulted him into the national spotlight. The episode further examines his presidency, characterized by a non-interventionalist foreign policy, a pro-business stance, and the continuity he maintained amidst the Harding administration’s scandals. Join us as we uncover this often misunderstood president’s complexities and subtle progressivism.

Key highlights:

  • Early Life and Formative Years
  • Political Rise and Governorship
  • National Spotlight and Vice Presidency
  • Presidency and Policies
  • Economic and Foreign Policies
  • Legacy and Historical Interpretation

Resources:

UVA Miller Center-overview

Pre-Presidency

Vice Presidency

Swearing In

Presidency

Key Events

World Biography of US Presidents

Top Quotes

Brainy Quotes

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Creativity and Compliance

Creativity and Compliance – Innovative Compliance Strategies with Jim Webb

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection – they all take creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings, and Entertainment, utilizes the entertainment devices people use to consume information in their everyday, non-work lives and apply it to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies, and resources more accessible. In this episode of Creativity and Compliance, host Tom Fox and Ronnie Feldman are joined by Jim Webb, SVP, General Counsel, and Corporate Secretary at Continental Resources.

The trio explores unique approaches to making compliance training engaging and effective. Jim shares his journey from delivering dry, academic training in private practice to implementing creative and interactive compliance training methods in-house. He emphasizes the importance of making training enjoyable and relatable to drive real behavioral change among employees. The discussion also touches on integrating frequent and varied compliance messages into the organizational culture, taking cues from successful safety training methods.

Listeners will learn how short, engaging snippets of information can be more effective than long, infrequent training sessions. Jim also discusses the positive impact of these strategies on employee engagement and the overall compliance culture. The episode provides practical tips for compliance professionals looking to innovate and improve their training programs to achieve better compliance outcomes.

Key highlights:

  • The Importance of Creative Compliance
  • Overcoming Resistance to Creative Compliance
  • Engaging Compliance Training Methods
  • Safety and Compliance: A Comparative Discussion
  • Effective Compliance Communication Strategies

Resources:

Ronnie

  • Learnings & Entertainments (Website)
  • Compliance Confessions – inspired by “Mean Tweets” these 90-second commercials address misconceptions and excuses to promote speak up culture and the E&C team as positive and helpful.
  • E&C Training Jams – a soulful singer banters with ethics & compliance explaining policies, sharing examples and debunking excuses. 
  • Tales from the Hotline – Real speak up-themed stories about workplace behavior gone wrong.
  • Workplace Tonight Show! – E&C meets SNL Weekend Update explaining corporate risk topics and why employees should care.
  • 60-Second Communication & Awareness Shorts – A variety of short, customizable, music and multimedia, quick-hitter “commercials” promoting integrity, compliance, speaking up and the E&C team as helpful advisors and coaches.
  • Custom Live & Digital Programing – Custom creative programming that balances the seriousness of the subject matter with a more engaging delivery. After all, you can’t bore people into learning.

Tom

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Jim Webb on LinkedIn

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Daily Compliance News

Daily Compliance News: December 13, 2024 – The Token Fine Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

  • Eric Trump drops hints of upcoming corruption. (TNR)
  • South African politicians slam token fine levied on McKinsey. (FT)
  • Fifth Circuit invalidates NASDEQ diversity requirements. (Reuters)
  • Ex-Trafigura COO says he was negligent, not criminal.  (Bloomberg)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

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Into the Darkness

Into the Darkness – Exploring Relationships – John and Mary Watson and Sherlock Holmes with Emily Edwards

Into the Darkness: CJ Goodwyn’s Vision of Sherlock Holmes: Mare of the Night is a deep dive into the creative journey behind an ambitious reimagining of the Sherlock Holmes legacy. This 10-part podcast series will unravel the entire movie production process, offering listeners an insider’s look into the making of Sherlock Holmes Mare of the Night, a film that blends the mystique of classic Sherlock Holmes with a dark, supernatural twist. In episode 5, I am joined by Emily Edwards, who gives an in-depth look at her role as Mary Watson in the film.

Emily discusses the complexities of her character’s relationships with John Watson and Sherlock Holmes and her transition from theater to film. She shares fascinating insights into the collaborative filmmaking process, her preparation methods, and the unique experience of acting on a film set without an audience. Additionally, Emily offers behind-the-scenes details, including interactions with the director and set designer, and hints at stunning visuals audiences can expect. The episode includes exciting highlights from the film’s production and details about its upcoming premieres in San Antonio and Kerrville on February 23rd.

Highlights include:

  • Emily’s Role in ‘Mare of the Night’
  • Exploring John and Mary’s Relationship
  • The transition from Theater to Film
  • The Collaborative Nature of Stage and Film
  • Turning It On: Preparing for a Scene

Resources:

Sherlock Holmes-Mare of the Night

On Facebook

TriGoodwyn Productions