Compliance Officers Effecting Change

Corporate compliance is a hot button issue. People all over the world routinely complain about corporate malfeasance and the damage it does to people, communities, and the planet. This has led local, state, and national governments to craft and enact new laws and stiffer penalties for companies guilty of non-compliance in a number of areas. These changes can be expensive and companies are not taking them lightly. One of the most effective and proactive steps companies make is to hire compliance officers. And these compliance officers are effecting change in a number of significant ways that help both the companies, their customers, and the communities in which they does business.

Compliance officers help to craft policies and practices designed to protect the public from harm and the company from expensive litigation. Compliance officers are also charged with making sure those policies and practices are followed by all employees. It is often like management by walking around. An effective compliance officer not only creates policy, they study its viability and interact with employees at all levels to see if those policies and practices are being adhered to and how that is affecting the employees, the business, the customers, and the bottom line.

One company that made a brilliant hire at Chief Compliance Officer is Hall Capital Partners. They hired Helane Morrison, arguably the perfect compliance officer. Morrison as a law degree from the University of California, Berkley. She has worked for Appellate and Supreme court justices, and was a partner in the San Francisco based law firm Howard, Rice, Nemerovski, Canady, Falk & Rabkin. While all of this work gave Morrison a solid background to prepare her for the position of CCO of Hall Capital Partners, her next job made her the ideal candidate to become a compliance officer.

After 10 years with he law firm, Helane Morrison left to become the Securities and Exchange Commission’s San Francisco Regional Office’s head of regional enforcement. In that role she investigated companies throughout Alaska, Idaho, Northern California, Northern Nevada, Oregon, Montana, and Washington for signs of fraud, insider trading, and compliance with a whole host of laws. She was also in charge of the SEC’s examination and enforcement programs. After 11 years at the SEC, Helane Morrison left and became the CCO of Hall Capital Partners. Since 2007 she has helped the company to craft and continue to comply with the requisite laws.

Check out Helane Morisson‘s profile on LinkedIn.

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