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Lora Bentley

Governance and Risk

From regulatory compliance to corporate governance structure, everyone is involved

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Lora Bentley

February 2009

February 27, 2009

Brand Promise, Corporate Culture Play Big Role in Ethics Programs

When I talked to Compliance and Ethics Officer Association Executive Director Keith Darcy the other day about the rising popularity of risk and ethics officers, he was emphatic about one thing: Com... More >

Open Source Responds to Microsoft-TomTom Litigation

Microsoft has filed suit against GPS maker TomTom in the U.S. District Court for the Western District of Washington and before the International Trade Commission, according to LinuxInsider.com . Mic... More >

February 26, 2009

UK Government Takes New Approach to Open Source

The United Kingdom has revised its strategy on open source and open standards use in government. And quite drastically, according to Sun Microsystems' chief open source officer, Simon Phipps.   ... More >

February 25, 2009

Some Fall into Risk-Management Roles Naturally

Yale University behavioral economics professor Robert Shiller says the current mess in the financial markets is the result of "psychological contagion" and a failure to manage risk, according to Blo... More >

February 24, 2009

Chief Ethics Officer Emerging as Strategic Position

In an effort to gain more insight into the growing risk/compliance officer trend, I also spoke with Paul Shulz, a managing director at Protiviti. The global company provides governance and risk consu... More >

Risk Management, Ethics Taking Center Stage Again

Inter-American Development Bank in Washington, D.C., is seeking a "principal integrity officer." The person's chief responsibilities will include planning and executing fraud and corruption investiga... More >

February 23, 2009

Director Duties, Liabilities Refined as Financial Fallout Continues

In the wake of scandal and collapse that has typified the recession thus far, many have questioned whether corporate directors are doing their jobs . Some have even suggested that many aren't indep... More >

February 19, 2009

Need Compliance Help? Turn to the Community

States like Oregon and cities like Newport News, Va. already know the value of collaborating to create software they need for less, so why shouldn't industry groups and companies with similar nee... More >

February 18, 2009

Fortify Software Cautions Government to Consider Security of Open Source

At the same time that a group of open source software vendors and supporters are working to convince the Obama administration to consider open source software solutions, Fortify Software is cauti... More >

Experts Suggest Changes to SEC Investigative Efforts, Sarbanes-Oxley

Last week at a conference on financial regulation, a Georgetown University law professor suggested the Securities and Exchange Commission could stand to learn a few things about information gathering... More >

February 17, 2009

CEO Zuckerberg Responds to New Facebook Privacy Questions

Privacy is apparently this week's hot topic . Tuesday, internetnews.com reported that Facebook CEO Mark Zuckerberg is scrambling to do damage control .   Several observers, including The Co... More >

February 16, 2009

EFF Raises Privacy Concerns with Google Latitude

Bloomberg reported Monday that privacy advocates are concerned about Google's new geolocation service. The service, which plots users' locations on a map based on their cell phone or other mobile ... More >

Neimeier to be SEC Chief Accountant?

Rumor has it that Securities and Exchange Commission Chair Mary Schapiro is considering Charles Niemeier for the commission's chief accountant position.   Currrently a member of the Public Com... More >

February 13, 2009

A Different Take on Open Government

PublicResource.org founder Carl Malamud has one overarching goal: To put public court records online -- for free. “Pacer is just so awful,” he told the New York Times recently, describing the go... More >

Is Auditor Independence Worth It?

Researchers from Texas A&M and Brigham Young Universities have determined that Sarbanes-Oxley's auditor independence requirements may have increased companies' accounting risk .   According... More >

February 12, 2009

Should the SEC Change Its Management Structure?

Remember last week when a MarketWatch writer suggested the Madoff whistleblower, Harry Markopolos, should be handed the Securities and Exchange Commission chairmanship? My favorite line from the ... More >

Congress Contemplates E-Waste Requirements

Members of the U.S. House Committee on Science and Technology are working on e-waste legislation , according to CNET News . The bill would fund not only research and development around how to make ... More >

February 11, 2009

Open Source Software Execs, Developers Pen Open Letter to Obama

Tuesday, a group of C-level executives and developers from open source companies and organizations in the U.S. published a letter to President Obama .   Open Solutions Alliance President Anthony Gol... More >

February 10, 2009

MySQL CEO Mickos Takes His Leave of Sun Microsystems

Just as personnel changes are aplenty in various government agency positions these days, significant personnel changes are also afoot at Sun Microsystems. Open Source Magazine reported Tuesday ... More >

Enforcement Director to Leave SEC

Bloomberg reported Monday that Linda Thomsen, director of the Securities and Exchange Commission's enforcement division, is stepping down .   The change is not unexpected given the new adminis... More >

February 9, 2009

Madoff, SEC Reach Partial Settlement

Bloomberg reported Monday that Bernard Madoff has agreed not to contest certain claims the Securities and Exchange Commission has made against him in its civil enforcement lawsuit. Specifically, h... More >

Schapiro Changes SEC's Investigation Rules

CFO.com reported Friday that Securities and Exchange Commission Chair Mary Schapiro has reversed rules put in place by former chairman , Christopher Cox, that required approval from the full commis... More >

Mobile Devices and a Presidential Privilege?

In response to questions I posed last week when digging into the debates around President Obama's smart phone, I received an e-mail from Justin Kelton , an associate at the law firm of Bickel & ... More >

February 6, 2009

SEC Slows down on IFRS Roadmap

When the Senate first confirmed Mary Schapiro's appointment as Securities and Exchange Commission chair, there were a few indications she isn't all that thrilled about transitioning U.S. public compa... More >

February 5, 2009

Madoff Whistleblower Should Oversee Wall Street

MarketWatch commentator David Weidner says that Harry Markopolos, the man who reportedly tried to warn the Securities and Exchange Commission -- several times -- about Bernard Madoff's alleged Pon... More >

Former White House Aide on Presidential BlackBerry

After Tuesday's post on the Presidential Records Act, I had the opportunity to speak with Joe Hagin, who served as a Deputy White House Chief of Staff for former President George W. Bush from 2001 ... More >

February 4, 2009

Global Accounting Gets New Monitoring Board

The International Accounting Standards Board has agreed to oversight by a team of global regulators, according to CFO.com . The new "monitoring board" will include representatives from the U.S. Se... More >

February 3, 2009

Google Privacy Counsel, Others on Trial

Tuesday, Larry Dignan, editor-in-chief at ZDNet , pointed out an interesting criminal case developing in Italy right now. Apparently Google execs are on trial for privacy violations.   Accord... More >

The 'BarackBerry:' Why All the Fuss?

Long before officials decided President Obama could keep his BlackBerry , my boss and I were wondering what the big deal was. Other than the obvious security concerns, like preventing hackers from i... More >

February 2, 2009

PCI Compliance for Dummies?

No, I'm not kidding. California-based security solution provider Qualys has teamed up with publisher John Wiley and Sons to produce PCI Compliance for Dummies .   Released last week, the free... More >