{"id":1374,"date":"2023-11-28T20:08:26","date_gmt":"2023-11-28T20:08:26","guid":{"rendered":"http:\/\/localhost\/?p=1374"},"modified":"2023-11-29T20:22:56","modified_gmt":"2023-11-29T20:22:56","slug":"are-ccos-really-in-the-secs-crosshairs","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2023\/11\/28\/are-ccos-really-in-the-secs-crosshairs\/","title":{"rendered":"Are CCOs Really In The SEC&#8217;s Crosshairs?"},"content":{"rendered":"<p>Last month, SEC Enforcement Director Gurbir Grewal gave a speech at the New York City Bar Association&#8217;s Compliance Institute addressing chief compliance officer liability. While the speech likely provided some comfort to CCOs, unfortunately, it raised more questions than answers, such as:<\/p>\n<ul>\n<li>Are compliance officers on the front line?<\/li>\n<li>Are compliance officers responsible for implementing and executing policies and procedures, or is their function to provide advice?<\/li>\n<li>Do compliance officers need to become experts of &#8220;everything everywhere all at once&#8221; at their firms?<\/li>\n<li>What is a &#8220;wholesale failure&#8221; to carry out compliance responsibilities?<\/li>\n<\/ul>\n<p>Eversheds Sutherland Partners <a href=\"https:\/\/us.eversheds-sutherland.com\/People\/Brian-L-Rubin\">Brian Rubin<\/a> and <a href=\"https:\/\/us.eversheds-sutherland.com\/People\/Adam-C-Pollet\">Adam Pollet<\/a> share their thoughts <a href=\"http:\/\/chrome-extension:\/\/efaidnbmnnnibpcajpcglclefindmkaj\/https:\/\/us.eversheds-sutherland.com\/portalresource\/lookup\/poid\/Z1tOl9NPluKPtDNIqLMRV56Pab6TfzcRXncKbDtRr9tObDdEsOJEma3!\/fileUpload.name=\/Are%20CCOs%20Really%20In%20The%20SEC's%20Crosshairs.pdf\">here<\/a> on these questions, as well as information about what the SEC and FINRA could use in future cases brought against CCOs\u00a0\u00a0.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month, SEC Enforcement Director Gurbir Grewal gave a speech at the New York City Bar Association&#8217;s Compliance Institute addressing chief compliance officer liability. While the speech likely provided some comfort to CCOs, unfortunately, it raised more questions than answers, such as: Are compliance officers on the front line? Are compliance officers responsible for implementing &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2023\/11\/28\/are-ccos-really-in-the-secs-crosshairs\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Are CCOs Really In The SEC&#8217;s Crosshairs?<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,22],"tags":[],"class_list":["post-1374","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-standard-of-care"],"aioseo_notices":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1374"}],"version-history":[{"count":0,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1374\/revisions"}],"wp:attachment":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}