Categories
Daily Compliance News

December 16, 2022 – The Boyfriend Confesses Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you four compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network.

Stories we are following in today’s edition of Daily Compliance News:

  • Eva Kaili’s boyfriend confesses. (Reuters)
  • A new round of Russian sanctions. (NYT)
  • Corporate ownership viewing rights. (WSJ)
  • Racism lawsuit against Tesla gaining ground. (Bloomberg)
Categories
Daily Compliance News

June 20, 2022 the Juneteenth Edition


In today’s edition of Daily Compliance News:

  • Corruption in China still severe and complicated. (YaHooNews)
  • 3 ABC takeaways from Ukraine war. (WEF)
  • Banking while black. (Bloomberg)
  • Tesla investor sues over company’s toxic workplace culture. (Reuters)
Categories
Daily Compliance News

May 23, 2022 the Elon Antics Edition


In today’s edition of Daily Compliance News:

  • BitMex CEO sentenced to house arrest for AML violations. (WSJ)
  • From Jack Welch to Elon Musk? (NYT)
  • Proving your supply chain is free from corruption. (UKGov)
  • Tesla brand threatened by Musk antics.  (Reuters)
Categories
Daily Compliance News

May 14, 2022 the On Hold Edition


In today’s edition of Daily Compliance News:

  • Just as Matt Kelly predicted, Musk Twitter bid ‘on hold’. (NYT)
  • DOT announces more sanctions against Russian shell companies. (WSJ)
  • Moderna said it ‘didn’t know’. (WSJ)
  • SEC moving towards regulations on stablecoin. (Reuters)
Categories
Daily Compliance News

May 7, 2022 the Useless Meetings Edition


In today’s edition of Daily Compliance News:

  • Avoiding useless meetings. (WSJ)
  • Baseball or imports in Oakland? (WSJ)
  • Do you want an engaged CEO? (NYT)
  • Will CFIUS weigh in on Twitter sale? (Reuters)
Categories
FCPA Compliance Report

Karen Woody on Elon Musk Attack on SEC Consent Decree

In this episode of the FCPA Compliance Report, I am joined by Professor Karen Woody from Washington & Lee Law School. We discuss the recent filing by attorneys for Elon Musk and Tesla to revoke the previously agreed to Consent Decree over his 2018 tweets about taking Tesla private at $420 per share and then withdrawing it a week later. Highlights in include:

·      What is the legal basis for the Motion?

·      Can a court hear an equitable claim for a regulatory consent decreed?

·      What is the remedy Musk is seeking?

·      What about his $20MM fine, which has been paid?

·      Is the SEC harassing Musk for alleging violations of the Consent Decree?

        Resources

Motion to Terminate Consent Decree

Categories
Daily Compliance News

March 12, 2022 the Judge Wants to Know Edition


In today’s edition of Daily Compliance News:

  • Deutsche Bank monitorship extended. (WSJ)
  • Judge wanted to know who at First Energy who paid bribes.  (News-Herald)
  • Secret deal between Google and FB. (NYT)
  • Musk lawyer said $420 tweet truthful. (Bloomberg)
Categories
Daily Compliance News

February 18, 2022 the NY AG Edition


In today’s edition of Daily Compliance News:

  • NY AG can question Trump, kids under oath. (NYT)
  • SEC widens investigation into Activision Blizzard.  (WSJ)
  • Surprise Surprise, BoJo drops Minster to fight corruption. (Business Insider)
  • Tesla says SEC being unfair to Musk. (WSJ)
Categories
Compliance Into the Weeds

Elon Musk and Tesla Redux

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. This week, Matt and Tom return to one of Matt’s favorite topics Elon Musk/Tesla. Some of the issues we consider:

·      What happens when a business is lead by a runaway CEO?

·      Implications of new SEC investigation.

·       State of California investigation into racial discrimination.

·      Where has the Board been all this time?

·      Will the attitude of the SEC regarding enforcement change?

Resources
Matt in Radical Compliance

Categories
Daily Compliance News

February 8, 2022 the Ng Trial Begins Edition


In today’s edition of Daily Compliance News:

  • Roger Ng trial jury selection begins. (Reuters)
  • NFL microcosm of country.  (WSJ)
  • Elon Musk and Tesla under SEC scrutiny yet again. (NYT)
  • Ex-Goldman banker settles discrimination suit with fund. (Bloomberg)