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4 weeks ago | 
complianceweek.com | Aly McDevitt
“How are you running your other businesses?” Fox Business host Larry Kudlow asked billionaire Elon Musk, the chief executive officer of Tesla and Space X, on March 11.
“With great difficulty,” Musk replied with a sigh—against the backdrop of plunging Tesla shares.
That may be because the South African-born billionaire, who likes to have a finger in every pie, may be spread too thin.
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1 month ago | 
complianceweek.com | Aly McDevitt
Speakers and attendees at Compliance Week’s Ethics & Compliance Summit in Boston agreed: as stewards of their company’s corporate culture, a significant challenge is chasing stakeholder engagement.
“I’m not in sales,” one panelist joked ruefully. A director of compliance policies and regulatory change, she was responsible for revamping her technology company’s code of conduct. She proudly called it her baby.
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1 month ago | 
complianceweek.com | Aly McDevitt
Tech giant Apple solidified its commitment to diversity, equity, and inclusion at its annual shareholder meeting on Tuesday, with 97 percent of shareholders rejecting an anti-DEI proposal, according to a public filing.
The shareholder proposal to shut down Apple’s DEI initiative was submitted by conservative think tank the National Center for Public Policy Research (NCPPR).
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2 months ago | 
complianceweek.com | Aly McDevitt
Apple, one of the most valuable tech giants on the planet, is pushing back against pressure to stop diversity, equity, and inclusion (DEI) efforts, saying that “a culture of belonging” remains a core value of the organization.
While federal agencies have rapidly dismantled DEI “programs and preferencing, per President Donald Trump’s Jan.
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2 months ago | 
complianceweek.com | Aly McDevitt
Apple, one of the most valuable tech giants on the planet, is pushing back against pressure to stop diversity, equity, and inclusion (DEI) efforts, saying that “a culture of belonging” remains a core value of the organization.
While federal agencies have rapidly dismantled DEI “programs and preferencing, per President Donald Trump’s Jan.
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2 months ago | 
int-comp.org | Aly McDevitt
By Aly McDevitt, 3 February 2025 Following his return as President of the United States, Donald Trump and his nascent administration have begun laying groundwork to fulfil one of his key campaign promises: to make the US a ‘bitcoin superpower’ [1] and ‘the crypto capital of the planet.’ [2]In the 16 years since Bitcoin ushered in the modern era of digital assets, crypto has evolved to become as much a political lightening rod as an alternative bank.
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Dec 10, 2024 | 
int-comp.org | Aaron Nicodemus |Aly McDevitt
By Aaron Nicodemus and Aly McDevitt, 10 December 2024Change is likely coming to the US Securities and Exchange Commission’s (SEC) enforcement priorities with the pending handover of the White House to Republican President-elect Donald Trump. Adjust your compliance priorities accordingly. Likely out:
The SEC’s much-debated climate-related disclosure rule, which was approved in March [1] only to be tabled in the face of legal challenges [2] a month later.
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May 28, 2024 | 
complianceweek.com | Aly McDevitt
If you came of age in the 1980s or earlier, you might remember the “Keating Five Scandal” and the collapse of Lincoln Savings and Loan Association. You would recall the larger savings and loan (S&L) crisis of the 1980s and 1990s, where nearly a third of S&L associations in the United States failed because of what one compliance officer summed up as “some very bad, risky behavior.”This compliance officer would know: She worked in the mortgage industry through the span of the S&L crisis.
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May 22, 2024 | 
complianceweek.com | Aly McDevitt
There is a frank disclaimer in “Move Fast and Fix Things: The Trusted Leader’s Guide to Solving Hard Problems”:“If cynicism is a go-to emotion right now, then we suggest coming back to this book when you’re in a better place. … If your instinct is to burn it all down because you see no reason to hope, then we might suggest other titles.”
Such a role reversal for a book to turn down a consumer is rare. A bookseller might call it unadvisable.
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Apr 5, 2024 | 
complianceweek.com | Aly McDevitt
So, you think it might be fun to sit on a board someday.
