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Daily Compliance News

Daily Compliance News: November 2, 2026, The Leading to Disbarment? 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 cover four stories from the business world, compliance, ethics, risk management, leadership, or general interest for compliance professionals.

Top stories include:

  • Is being prepared new? (FT)
  • Binance racing to cover its losses. (WSJ)
  • Judge orders ethics investigation into DOJ lawyers. (Reuters)
  • Communist Party wants crackdown on crypto corruption. (Bloomberg)

My first work of general non-fiction is now out: Deluge Before Dawn, the story of the 2025 flood in Kerr County, Texas, which killed 119 people and devastated a county. It is a story of tragedy, heartbreak, survival, and resilience.

It is available on the following sites:

Amazon.com

Stoney Creek Publishing

Barnes and Noble

Texas A&M University Press

Bookshop.org

Google.Books

Walmart

Categories
Popcorn and Compliance

Popcorn and Compliance: Frankenstein Meets the Wolf Man When Monsters Collide: Compliance and Enterprise Risk

This October, Tom Fox returns to one of his all-time favorite subjects: the Universal Pictures classic monsters. Over the years, he has explored the classics, including Dracula, The Mummy, The Wolf Man, and The Invisible Man, with detours into films by Val Lewton and Hammer Films. This year, Tom takes a deep dive into the first five Frankenstein films. The series has already covered the original Frankenstein, Bride of Frankenstein, Son of Frankenstein, and The Ghost of Frankenstein. The fifth and final episode turns to one of Tom’s favorite horror films of all time, Frankenstein Meets the Wolf Man, released in 1943. Tom’s AI co-hosts, Timothy and Fiona, join him for commentary.

Film Synopsis:

Frankenstein Meets the Wolf Man begins primarily as a continuation of Larry Talbot’s story from The Wolf Man. Talbot, played by Lon Chaney Jr., is resurrected and desperately seeks a way to end his werewolf curse. His search eventually leads him to the ruins of Frankenstein’s castle, where he discovers Frankenstein’s Monster frozen beneath the wreckage and revives him. Dr. Mannering becomes involved in an attempt to cure Talbot while also restoring the Monster to full strength. The inevitable result is the movie’s great selling point: the Wolf Man and Frankenstein’s Monster, now played by Bela Lugosi, finally collide. It was the first Universal film to bring two of its major horror characters together in this fashion.

Key Highlights:

  • Risks do not exist in silos.
  • Risk aggregation belongs in enterprise risk management.
  • AI governance demonstrates the problem perfectly.
  • The CCO should be a connector, not the owner of everything.
  • Boards need to see the entire castle.

Popcorn and Compliance takeaway: The greatest enterprise risk may not be Frankenstein’s Monster or the Wolf Man. It may be what happens when two risks nobody considered together finally collide.

Closing the Popcorn and Compliance Frankenstein Series

Across these five films, we get something remarkably close to the lifecycle of a corporate compliance failure.

Henry Frankenstein creates risk without adequate governance.

In Bride of Frankenstein, leadership knows the danger but succumbs to pressure and ethical compromise.

In Son of Frankenstein, a new generation inherits unresolved legacy risk.

In The Ghost of Frankenstein, supposedly resolved problems return because remediation and controls are ineffective.

Finally, in Frankenstein Meets the Wolf Man, an unresolved risk collides with another risk and becomes an enterprise problem.

That is what makes these movies such fertile territory for Popcorn and Compliance. The Monster is never simply the Monster. He is the product of decisions, incentives, weak controls, poor oversight, inadequate remediation, and leaders who repeatedly convince themselves that this time they can manage the consequences.

For the compliance professional, there may be no better question to take from the entire Universal Frankenstein cycle:

What Monster is your organization creating, inheriting, reviving, or failing to see today?

Timothy and Fiona are AI-generated voices, courtesy of Notebook LM.

Categories
Great Women in Compliance

Great Women in Compliance: Wired Differently: Valued Equally? Rethinking Ethics & Compliance Programs for Our Neurodivergent Workforce

Wired Differently, Valued Equally?

How inclusive are our Ethics & Compliance Programs really?

With an estimated 15 to 20% of the workforce neurodivergent, reaching these employees in ways that matter to them is key to an effective Ethics & Compliance Program.

Hosts Lisa Fine and Ellen M. Hunt welcome Nicole Di Schino and Megan Zwiebel to a roundtable discussion on how we should think about Ethics & Compliance Programs for our neurodivergent workforce. They explored how organizations can make compliance training, speak-up channels, and investigations more accessible to neurodivergent employees.

They also talked about how these workers may be more vulnerable to being labeled a performance problem and subject to bullying when what might really be going on is that they just work differently than others.

Discover practical ways to reduce barriers, recognize subtle workplace bullying, improve investigative fairness, and build a more effective Ethics & Compliance Program that works for everyone—not just those who think, learn, and communicate the same way.

Categories
Daily Compliance News

Daily Compliance News: October 27, 2026, The Follow the Ethics Rules 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 cover four stories from the business world, compliance, ethics, risk management, leadership, or general interest for compliance professionals.

Top stories include:

  • Rubio tells State Department employees to follow the ethics rules. (Bloomberg)
  • Kalshi headed to the Supreme Court? (Reuters)
  • Trump Administration pushed a US company to have Russian investors. (NYT)
  • Wither Weil? (FT)

My first work of general non-fiction is now out: Deluge Before Dawn, the story of the 2025 flood in Kerr County, Texas, which killed 119 people and devastated a county. It is a story of tragedy, heartbreak, survival, and resilience.

It is available on the following sites:

Amazon.com

Stoney Creek Publishing

Barnes and Noble

Texas A&M University Press

Bookshop.org

Google.Books

Walmart

Categories
Popcorn and Compliance

Popcorn and Compliance: Episode 4 – The Ghost of Frankenstein Declaring the Monster Dead Is Not a Control

This October, Tom Fox returns to one of his all-time favorites: Universal Pictures’ Classic monsters. Over the years, Tom has explored classics like Dracula, The Mummy, The Wolf Man, and The Invisible Man, as well as films by Val Lewton and Hammer Studios. This year, he wanted to return for a deep dive into the first five Frankenstein movies. He has considered, and will consider, the original Frankenstein, Bride of Frankenstein, Ghost of Frankenstein, and Frankenstein Meets the Wolf Man. In this third episode, he considers what many viewers regard as the series’ best: Son of Frankenstein, released in 1939. This is the final film to feature Boris Karloff as Frankenstein’s Monster. In this exploration, Tom Fox uses his AI friends, Timothy and Fiona, to provide commentary.

Film Synopsis:

In The Ghost of Frankenstein, Boris Karloff leaves the role, and Lon Chaney Jr. takes over as the Monster, while Bela Lugosi returns as Ygor. After escaping another attempt by villagers to destroy them, Ygor brings the Monster to Ludwig Frankenstein, Henry Frankenstein’s other son. Ludwig initially wants nothing to do with his family’s disastrous legacy but inevitably becomes involved and develops a plan to cure the Monster through brain transplantation. Ygor and Ludwig’s disgraced colleague Bohmer secretly substitute Ygor’s brain for the intended healthy brain. Predictably, remediation becomes another catastrophe.

Key highlights:

  • Repeat failures indicate ineffective remediation.
  • Closing a finding does not mean fixing a finding.
  • Bohmer demonstrates management override and circumvention of controls.
  • COSO asks us to look at the whole control environment.
  • Root cause is more important than symptoms.

Popcorn and Compliance Takeaway: Declaring the Monster dead is not a control. You have to test whether he can get back up.

Timothy and Fiona are AI-generated voices courtesy of Notebook LM.

Categories
Great Women in Compliance

Great Women in Compliance: Defying the Odds: Cláudia Massaia on Betting on Yourself

They told her compliance was a dead-end career. They told her she’d never make it in the United States, that landing an internship with a U.S. government agency was impossible, and that passing the New York bar exam was a long shot.

Cláudia Massaia proved them wrong—every single time.

In this inspiring episode of Great Women in Compliance, host Sarah Hadden sits down with the Brazilian-born attorney and compliance professional whose remarkable journey is a master class in persistence, self-belief, and the power of simply refusing to take no for an answer.

From launching her career amid Brazil’s historic Operation Car Wash corruption scandal to earning dual master’s degrees, securing permanent U.S. residency, and becoming a New York-licensed attorney, Cláudia shares the setbacks, sacrifices, and occasional spectacular failures that shaped her success.

Along the way, Sarah and Cláudia explore how corporate compliance has evolved, why being a trusted business partner beats being the “department of no,” and what American executives misunderstand about doing business in Brazil.

But the biggest takeaway is personal: Bet on yourself. Invest in your future. And don’t let someone else’s definition of what’s possible become your own.

As Cláudia reminds us, discipline and consistency will take you further than intensity ever could.

A joyful, candid, and energizing conversation for anyone who’s ever been told, “You can’t do that.”

Connect with Cláudia on LinkedIn and subscribe to Great Women in Compliance wherever you listen to podcasts.

Categories
Popcorn and Compliance

Popcorn and Compliance: Episode 3: Son of Frankenstein – Inheriting the Castle Means Inheriting the Risk

This October, Tom Fox returns to one of his all-time favorites: Universal Pictures’ Classic monsters. Over the years, Tom has explored classics like Dracula, The Mummy, The Wolf Man, and The Invisible Man, as well as films by Val Lewton and Hammer Studios. This year, he wanted to return for a deep dive into the first five Frankenstein movies. He has considered, or will consider, the original Frankenstein, Bride of Frankenstein, Ghost of Frankenstein, and Frankenstein Meets the Wolfman. In this third episode, he considers what many viewers regard as the series’ best: Son of Frankenstein, released in 1939. This is the final film to feature Boris Karloff as Frankenstein’s Monster. In this exploration, Tom Fox uses his AI friends, Timothy and Fiona, to provide commentary.

Film Synopsis:

Son of Frankenstein brings Basil Rathbone into the saga as Wolf von Frankenstein, who returns with his family to his father’s estate hoping to restore the Frankenstein name. Instead, he encounters Bela Lugosi’s extraordinary Ygor and discovers that his father’s Monster, played for the final time by Boris Karloff, is still alive but comatose. Wolf revives him, hoping to vindicate his father’s work, but Ygor has his own plans and uses the Monster to settle old scores. The result is another catastrophe created by a Frankenstein convinced that this time things will be different.

Key highlights:

  • You can inherit risk without creating it.
  • This is the M&A compliance movie.
  • Ygor represents institutional knowledge used for the wrong purpose.
  • Inspector Krogh represents institutional memory.
  • Red flags transform governance responsibility.

Popcorn and Compliance takeaway: You may not have created the Monster, but once you know he is in the basement, he becomes your governance problem.

Timothy and Fiona are AI-generated voices courtesy of NotebookLM.

Categories
Great Women in Compliance

Great Women in Compliance: The Paradox of Ethics & Compliance: Corporate Conscience or Façade?

Is your organization designed to hear the truth—or to explain it away?

Corporations have Enterprise Risk Management, established Ethics & Compliance Programs, Internal & External audits, risk assessments, multiple risk and compliance heat maps and dashboards, and boards charged with oversight.

So why do major corporate scandals keep happening?

What if the problem isn’t a lack of controls but the organizational structures that prevent those controls from making a difference?

In this episode of Great Women in Compliance, we speak with Astrid Yee-Sobraques, Risk Sherpa and author of The Structural Capture of Corporate Conscience, about the uncomfortable relationship between ethics, commercial pressure, corporate governance, and power.

We explored whether the Ethics & Compliance functions can identify risks but cannot meaningfully influence how the risk will be mitigated, and whether the Ethics & Compliance Program is effective—or simply a system for documenting concerns.

We asked:

  • Can a company with ethical people still be structurally designed to produce unethical outcomes?
  • When does legitimate business risk acceptance become a way to rationalize unacceptable conduct?
  • If Ethics & Compliance can identify the risk but cannot change the outcome, is that independence—or an illusion of it?
  • How can boards uncover the risks that management’s reporting and assumptions may obscure?

For Ethics & Compliance professionals, the discussion raises difficult questions about independence, professional responsibility, escalation, and the pressure to protect revenue-producing relationships.

For directors and board members, it challenges the assumption that more reporting and better dashboards do not necessarily translate into better oversight and decisions.

Categories
Popcorn and Compliance

Popcorn and Compliance: Episode 2: Bride of Frankenstein Dr. Pretorius and the Compliance Problem of Knowing Better

This October, Tom Fox returns to one of his all-time favorites: the Universal Pictures classic monsters. Over the years, Tom has covered classics like Dracula, The Mummy, The Wolf Man, and The Invisible Man, and has also explored films by Val Lewton and Hammer Studios. This year, he’s back with a deep dive into the first five Frankenstein movies. The series covers the original Frankenstein, Son of Frankenstein, Ghost of Frankenstein, and Frankenstein Meets the Wolf Man. This second episode tackles what many viewers call the greatest horror movie of all time: Bride of Frankenstein (1935). Tom’s AI friends, Timothy and Fiona, comment throughout.

Film Synopsis

Bride of Frankenstein picks up after Henry Frankenstein and the Monster survive the original film. Henry wants to leave his experiments behind, but the wonderfully sinister Dr. Pretorius pulls him back toward creation, ultimately forcing him to help create a female companion for the Monster. Meanwhile, the Monster himself develops emotionally and intellectually, experiences both human kindness and cruelty, and desperately seeks companionship. The experiment succeeds technically, but the Bride immediately rejects the Monster, setting up the film’s tragic conclusion.

Key highlights:

  • Knowing better changes everything.
  • Pretorius represents the dangerous adviser.
  • Culture is learned behavior.
  • Speak-up systems require psychological safety.
  • Ethical leadership is tested when ethics becomes expensive.

Popcorn and Compliance takeaway: The most dangerous compliance failure may occur when leadership already knows the right answer and allows someone to persuade it otherwise.

Timothy and Fiona are AI-generated voices courtesy of Notebook LM.

Categories
Great Women in Compliance

Great Women in Compliance: SCCE Recap 2026

In this episode, Lisa, Hemma, and Ellen are taking us back to last week at the 25th Annual SCCE Compliance & Ethics Institute.  They took the opportunity to speak with other attendees to share their experiences–whether as a first–time attendee, a first-time speaker, someone coming back after a long time, someone traveling from Europe to attend, or one of the long-time leaders in the field.

We discussed what they’re learning, what’s changing in the profession, and—perhaps most importantly—why community matters.  Thank you to Doel Kar, Emily Frank, Lizette Arias, Maria Lancri, Carrie Penman, Terri Stringer, and Amarilys Gott for taking the time to speak with us about the evolution of ethics and compliance, AI, neurodiversity, leadership, and, of course, the amazing community of dedicated Ethics & Compliance professionals

We hope you enjoy this episode half as much as we enjoyed connecting with these fabulous Great Women in Compliance.