Tag:
congress
Latest Headlines
Latest Headlines
Congressman under investigation for insider trading
The media has gone to town on the issue of insider trading by powerful Congressmen.
The chief culprit according to media reports has been Rep. Spencer Bauchus. Bachus reportedly received a confidential briefing from the then Treasury secretary and chairman of the Fed in 2008, which was rather
Law to stop Congressional insider trading
The issue of insider trading by members of Congress has been something of perennial issue.
It has never been a big secret that members were allowed to trade on the inside information they glean as part of their jobs. But it exploded as a controversy recently, as the media latched on passionate
Guidance on FCPA enforcement coming soon
The Justice Department plans to release "detailed new guidance on the (Foreign Corrupt Practices) Act's criminal and civil enforcement provisions" in 2012. The department gives no indication that it
Study: Congressmen trading on non-public info
Say it ain't so, please!
Members of Congress could not possibly be enriching themselves by trading illegally on inside information? Correct?
Well, one study published by Business and Politics --the work of several university professors--has found that members of the House Repre
Compliance and the new undetermined cybersecurity law
It's unclear exactly how the emerging government push to strengthen cybersecurity across industry and government--and everyone in between--will ultimately play out. We're still not sure exactly what
Audit executives stand by Sarbox
We're seeing some major efforts in Congress right now to roll back previously enacted reform efforts, like credit and debit card reform measures, the Dodd-Frank Act, the Patriot Act and the Obama
Patriot Act runs into surprising opposition
The Patriot Act remains one of the old standbys in the compliance universe. But in a sign of the times, which are strange indeed, an alliance of liberals and Tea Party conservatives voted down a
Former Moody's executive sues company, claims he was blackballed
Ilya Eric Kolchinsky may be familiar to you, as he testified in Congress about the flawed rating model used by Moody's, his former employer. He just filed suit against the company, accusing it of retaliating for voicing concerns and claiming that he had been blackballed on Wall Street.
Kolchin
Compliance nightmare at Johnson & Johnson
The case of Johnson & Johnson serves as a timely reminder that broadly speaking compliance cannot be given short shrift. The company's McNeil Consumer Healthcare unit, which makes
Will Wall Street weigh in on social security issue?
A political truism in modern America is this: Don't mess with social security benefits. Past presidents have tried, but the people just wouldn't let them privatize the program in any way. Although I doubt we'll see this emerge as a major issue soon, it has cropped up in the past few days.
The
