Conflicts

“Lawmaker Is Focus Of Ethics Report,” The Wall Street Journal, October 12, 2017 A3.  A congressman is accused of misusing his public office and sharing non-public information about a company’s drug trials with other investors.

Here, the three threads (governance, information, and compliance) all come together.  A member of the governance structure allegedly violates the law and discloses non-public information that was likely material to some but not all investors.  How will the Yates memo apply here?

Can you hang high-ranking executives higher than the run-of-the-mill cheater?

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Filed under Compliance, Culture, Definition, Duty, Governance, Government, Information, Ownership, Value

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