Compliance Building Posts this Week

Here are links to my Compliance Building posts from the past week:

Compliance Bits and Pieces for December 4

Here are some compliance related news stories from the past week that caught my eye.

You Are Here: From the FTC for Your Kids

We’re from the government. We’re here to help. The Federal Trade Commission has launched a new site designed to help kids learn to protect their privacy, spot frauds and scams, and avoid identity theft. You Are Here is set up as a virtual mall.

Due to the increasing incidence of fund investors who want to transfer their investment fund interests, private investment funds face a risk of being classified as publicly traded partnerships. That would mean the fund would become taxable as a corporation.

Amendment to the Global Terrorism Sanctions Regulations

The Office of Foreign Assets Control (OFAC) amended the Global Terrorism Sanctions Regulations, 31 C.F.R. part 594 to define the term “financial, material, or technological support,” as used in sanction regulations.

Hulk Smash Compliance Program!!

Hollywood has done it. Now it’s your turn.
Reboot your compliance program.

FTC Guidelines Are In Effect

Today is a the day. The FTC’s recent updates to its Guides Concerning the Use of Endorsements and Testimonials in Advertising are now in affect. To comply with the Guides, individuals (bloggers, users of social media) must disclose every “material connection” or relationship they have with an advertiser.
How to comply with the changes?

Enterprise 2.0 – The Book

At the Enterprise 2.0 Conference in San Francisco, Andrew McAfee handed out a few copies of this new book: Enterprise 2.0. I was one of the recipients of a shiny new copy with his autograph on the cover page.
If you have heard of Enterprise 2.0, they you have heard of McAfee.

How Fraudsters Try to Look Legitimate

The SEC is putting its new investor-focused website to good use:
The first item that caught my eye was their article on how fraudsters use fake SEC registrations and bogus seals to make them look legitimate: Fake Seals and Phony Numbers: How Fraudsters Try to Look Legit.

Comments are closed.