April 11, 2012
Approaching Attorney Whistleblowing Post Dodd-Frank
Law360
Jordan A. Thomas co-authored an article for Law360, discussing the ability of in-house counsel to report securities violations following Dodd-Frank. Co-authors Jordan A. Thomas and Professor Bruce Green of Fordham Law School address the complicated question of how an in-house counsel can blow the whistle. The SEC’s whistleblower program provides incentives and protections for informants,...
Articles & Perspectives
March 31, 2012
Combating Misconduct
The American Lawyer Supplement: Compliance
Jordan A. Thomas wrote an article for the Spring 2012 issue of The American Lawyer Supplement: Compliance, discussing how corporation can create a strong ethical culture and get away from the inadequacies of traditional compliance programs. In this article, Jordan A. Thomas discusses the necessary components in creating and sustaining a strong ethical corporate culture....
Articles & Perspectives
March 21, 2012
Challenges & Opportunities for the Asset Management Industry Following Dodd-Frank
Labaton Sucharow
Last evening, I had the pleasure of participating in a panel discussion at the historic New York Stock Exchange. The discussion was part of a speaker series hosted by TAAAPS—The Association for Alternative Asset Professionals—with all proceeds being donated to charity. I was joined on the panel by Joseph Mecane, Executive Vice President at NYSE...
Articles & Perspectives
February 20, 2012
Why Recent Reforms Are Good For Business
Labaton Sucharow
News 12 Connecticut sat down with Jordan Thomas early this year to discuss the SEC Whistleblower Program recently enacted under Dodd-Frank. The reforms carry heightened interest in regions that are home to large numbers of major corporate and financial services entities. Connecticut, specifically, has a high concentration of hedge funds, which Thomas explained face heightened...
Articles & Perspectives
January 28, 2012
National Business Ethics Survey Results – Signs of Hope, Also Causes for Concern
Labaton Sucharow
In January, the Ethics Resource Center (ERC) released its biennial National Business Ethics Survey (NBES), widely recognized as a definitive measure of workplace ethics. A number of the key findings were positive. For instance, the survey found that 45% of respondents had witnessed workplace misconduct, a drop from 49% in 2009. Set against the degree...
Articles & Perspectives
January 19, 2012
Will New Whistleblower Program Really Help SEC Investigations?
Labaton Sucharow
“It’s a new SEC,” Jordan Thomas told Fox Business News in January, characterizing the agency’s renewed commitment and enhanced law enforcement capabilities under its new whistleblower program. With the significant employment protections and the possibility for substantial monetary awards, whistleblowers have new reasons to provide the SEC and other enforcement bodies with early and invaluable...
Articles & Perspectives
December 7, 2011
The SEC Whistleblower Program’s Encouraging Beginning
Labaton Sucharow
I was recently interviewed on Bloomberg TV to discuss the Securities and Exchange Commission’s (SEC) new program, enacted under Dodd-Frank, and the recently released Annual Report on the Whistleblower Program. The full interview can be seen here. As I discuss in the interview, in the seven weeks since the program went live to the end...
Articles & Perspectives
December 2, 2011
New Weapon in Combating FCPA Violations
Labaton Sucharow
Over at Tom Fox’s FCPA Compliance and Ethics Blog, I recently authored a guest post examining the new – and revolutionary – Securities and Exchange Commission’s (SEC) Whistleblower Program, enacted under Dodd-Frank, and its impact on Foreign Corrupt Practices Act (FCPA) enforcement. As I point out in that piece, a qualified whistleblower can receive a...
Articles & Perspectives
December 1, 2011
The New World for Ethical Organizations
NSCP Currents
Just as compliance professionals acted as a force for reform following the enactment of the Sarbanes-Oxley Act reforms in 2004, they can do so again From the massive corporate frauds at Enron and WorldCom, to the recent scandals arising out of subprime mortgages and mortgaged-backed securities, it seems that the last decade has witnessed an...
Articles & Perspectives
December 1, 2011
US Financial Reforms & Global Financial Institutions: A View From All Angles
Late in 2011, [Jordan Thomas][prior firm][‘s] convened an esteemed panel to explore, for the benefit of the UK media, the effect of US financial reforms on international financial institutions. Panelists included [firm] attorneys Jordan Thomas and Dominic Auld; Irving Henry of the British Bankers Association; and Simon Collins, from the Association of Professional Compliance Consultants....
Articles & Perspectives
November 28, 2011
Pension Funds as Whistle-blowers – Internal Compliance and Portfolio Companies Need Scrutiny
Pensions & Investments
Jordan A. Thomas wrote an article published in Pensions & Investments, explaining how the new whistleblower regulations impact pension funds and the critical role they must play to ensure an ethical corporate culture. In this article, Jordan A. Thomas examines the new whistleblower provisions and how they will impact pension funds. Pension funds, who are...
Articles & Perspectives
November 23, 2011
Investment Advisors in a New Era of Regulatory Scrutiny
Labaton Sucharow
Over and above increased activity by Financial Industry Regulatory Authority (FINRA) and other self-regulatory organizations (SROs), investment managers are increasingly coming into the crosshairs of the Securities and Exchange Commission’s [SEC] Division of Enforcement, as I recently noted in this article for the National Association of Active Investment Managers (NAAIM). In 2010, the SEC created...
Articles & Perspectives