I was fortunate to be able to attend SMART PROC 2016 recently, with a slew of military and federal government procurement attendees, and this gave me a great opportunity to discuss some of the major issues confronting federal government buyers. A common theme was how...
President-elect Trump stated he would dismantle the Dodd-Frank Act during his successful election campaign, so is this now the beginning of the end of banking compliance as we know it? Trump’s claim is that Dodd-Frank has failed, and he has a point: enacted in the...
Sarbanes-Oxley (SOX) compliance is onerous, with heavy penalties that include more than large dollar fines, but serious jail time in a Federal “country club” penitentiary and shades of The Shawshank Redemption. Enacted in 2002, we have been living with SOX for over a...
Sarbanes-Oxley was enacted in 2002 in the wake of Enron, Tyco, WorldCom and a host of executives being arrested and forced to do the “perp walk,” being led away in handcuffs and usually hitting the evening news. Bluntly, SOX introduced real teeth into the world of...
