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Lora Bentley

Governance and Risk

From regulatory compliance to corporate governance structure, everyone is involved

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March 31, 2009

Microsoft,TomTom Settle Patent Dispute, but What Does It Mean?

When Microsoft filed a patent infringement suit against GPS maker TomTom, it was the first time the software juggernaut had ever proactively sought to protect its patent portfolio beyond making veile... More >

March 30, 2009

Bank of Florida Decides TARP Funds Are No Good, Withdraws Application

Yet another bank has said "Thanks, but no thanks" to Troubled Asset Relief Program funds from the government. CFO.com reports Bank of Florida has withdrawn its application for TARP money.   ... More >

Financial Regulatory Overhaul Begins with Money Market Funds, Managers

Securities and Exchange Commission Chair Mary Schapiro told the Senate Banking Committee last week that the Commission's plan for regulatory reform will begin with tighter oversight of money managers... More >

March 26, 2009

Stimulus Bill Includes First (and Maybe Only) Federal Data Breach Notification Law

Among tax cuts and credits, more bailout funds and restrictions on executive pay packages, the American Recovery and Reinvestment Act (ARRA) also includes a section that introduces the first federa... More >

March 25, 2009

SEC Commissioners Tout Importance of Enforcement

Securities and Exchange Commission members are lining up to tell anyone who will listen that enforcement is a top priority these days. First, of course, it was the new chairperson, Mary Schapiro , w... More >

March 24, 2009

More on Psystar's Motives in Lawsuit with Apple

Last week, I wrote about Psystar's release of its Open Computer 3 , wondering why exactly the company would do so even in the midst of its litigation with Apple. Some suggested it was nothing more t... More >

HIPAA Compliance Requirements Suddenly Have More Teeth

When I spoke to Jacqueline Klosek, an attorney in the law firm of Goodwin Procter, she added some interesting thoughts on the new era of agressive enforcement that may be coming, in light of the HI... More >

March 23, 2009

HIPAA No Longer 'Paper Tiger,' Attorney Says

We've already established that the HITECH Act, part of the American Recovery and Reinvestment Act, will extend the reach of the Health Insurance Portability and Accountability Act (HIPAA). It adds co... More >

March 20, 2009

Apple vs. Psystar: Why Must the Startup Persist?

Earlier this week, Psystar released yet another Mac clone -- choosing to ignore the copyright infringement lawsuit pending against it in federal court in San Francisco. InformationWeek 's Antone G... More >

March 19, 2009

HITECH Act Means More Aggressive HIPAA Enforcement

Since the Health Insurance Portability and Accountability Act became law, enforcement has been a weak link. The number of covered entities that are in full compliance has been low, simply because the... More >

March 18, 2009

Recovery Act Extends HIPAA Reach, Adds Data Breach Notification Rules

Tuesday, Compliance Week published a story highlighting several of the compliance changes that are coming -- or have already arrived -- as a result of the American Recovery and Reinvestment Act o... More >

March 17, 2009

Red Hat Clarifies Patent Stance, Emphasizes Commitment to Open Source

Leading Linux distributor Red Hat is defending its position on software patents . Rob Tiller, Red Hat's assistant general counsel and intellectual property VP, wrote Tuesday that the company's posit... More >

FASB Working on Additional Fair Value Guidance

Last week, the U.S. House Financial Services Subcommittee members turned up the pressure on accounting regulators to do something about the fair value rules, which so many have blamed for a large p... More >

March 16, 2009

So Much for a Transparent Executive Bonus Formula

Given the fury in Washington, D.C. , over the news that AIG has "no choice" but to pay its executives $165 million in bonuses, I found Matthew Boyle's post in BusinessWeek's Management IQ blog on ... More >

March 13, 2009

Software Patents from Another Angle

Earlier this week, I talked to Bradley Kuhn, community liason for the Software Freedom Law Center, about the organization's stance on software patents. Among other things, he indicated that the paten... More >

SFLC Says Software Patents Impede Technology

The search continued this week for more information on software patents and just how, if at all, open source impacts the process. In addition to the two conversations about which I've already written... More >

March 12, 2009

Abramson on Software and Patent Reform

Tuesday, I was able to speak with Bruce Abramson , who has for years studied the copyright/patent/intellectual property rights conundrum that software presents. And he's not shy about saying that we... More >

March 11, 2009

Software Freedom Law Center Seeks Patent Attorney

In the course of my research on open source and software patents, I came across this item from the Software Freedom Law Center. The SFLC is looking for a patent attorney who is "dedicated to softwa... More >

XBRL US CEO Mark Bolgiano Testifies Before House Subcommittee

In a hearing before the Domestic Policy Subcommittee of the House Committee on Oversight and Government Reform, XBRL US President and CEO Mark Bolgiano testified that XBRL can "provide citizens, gove... More >

New Bill Would Create New Accounting Regulator

If a bill introduced in the House of Representatives last Friday makes it to the president's desk and is signed, the Securities and Exchange Commission will no longer have the final say on accounting... More >

March 10, 2009

Protect Yourself Against Data Breaches

Last month, Florida's attorney general warned the state's citizens to monitor their credit reports if they stayed at a Wyndham hotel or resort in the last year. The warning followed the company's a... More >

Watch Out for WEEE Recycling Fraud

The European Commission enacted the Waste Electrical and Electronic Equipment directive , but member countries have been responsible for implementing and enforcing it on their own. The UK's regulati... More >

March 9, 2009

NY CPAs Don't Like the Current IFRS Roadmap

The New York State Society of Certified Public Accountants isn't happy with the Securities and Exchange Commission's current roadmap for International Financial Reporting Standards adoption. Accordin... More >

March 6, 2009

What's the Deal with Software and Patents?

When Microsoft filed a patent infringement lawsuit against GPS maker TomTom not long ago, it raised several questions about software, patents and the effect that open source and other collaboratively... More >

March 3, 2009

YouTube Evidence? You Bet

The New York Times reported Monday that the U.S. Supreme Court has moved into the age of YouTube. Writer Adam Liptak says: The first citation in a petition filed with the court last month, for ins... More >

March 2, 2009

What Will Risk Management, Ethics Officers Cost?

In my continuing quest to learn as much as possible about bringing risk and compliance management to the executive level, I spoke again to Keith Darcy, executive director of the Ethics and Complianc... More >

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