Daily Archives: May 27, 2020, 8:13 am

What Hath Covid-19 Wrought? A New Skill Set Required for Compliance: Part 1 – Compliance ReportCompliance Report

The Coronavirus health crisis has wrought many changes in the business world and corporate compliance. Over the next few blog posts, I want to explore in some depth what I see are the key changes for the Chief Compliance Officer (CCO), compliance professional and compliance programs as we move to reopening the country and world for business. Covid-19 will accelerate,…

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Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct | News | WTVB

The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a range of related misconduct from companies touting sham cures to misuse of federal aid. The Securities and Exchange Commission (SEC) fielded about 4,000 complaints from mid-March to mid-May, a 35% increase on the year-ago period,…

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‘Green light to hide information’: Australia’s recovery at risk from company disclosure changes | Australia news | The Guardian

Investment in Australia that will be crucial to recovering from the coronavirus crisis could be put at risk because the treasurer, Josh Frydenberg, has watered down laws requiring company directors to keep the market properly informed, say advisers to funds controlling trillions of dollars. In a seven-paragraph press release issued late on Monday afternoon, Frydenberg said the change would protect…

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U.S. DOJ closing insider trading probes into three senators: WSJ | Reuters

The three senators include Republicans Kelly Loeffler of Georgia and James Inhofe of Oklahoma, and Democrat Dianne Feinstein of California, the Journal reported, adding that prosecutors are alerting their defense attorneys about the closing of the probes. However, the DOJ’s related probe into Senator Richard Burr is continuing, according to the newspaper. via U.S. DOJ closing insider trading probes into…

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