FYI


  The SEC named Kathleen M. Griffin as its first chief compliance officer, a position that was created to streamline and centralize oversight responsibility for employee securities transactions and financial disclosure reporting.

 

She will head a new compliance unit within the SEC’s Office of Ethics Counsel. Oversight responsibility for ensuring staff compliance in this area was previously spread between two offices. Consolidating the compliance functions within one office is intended to eliminate the potential for any inefficiency or redundancy, according to the SEC.

 

Griffin previously worked for Putnam Investments, a global money management firm, where she was vice president, senior compliance manager, and deputy code of ethics officer.

 

  The SEC named Howard A. Scheck as chief accountant for its Division of Enforcement.

 

Scheck rejoins the SEC staff from Deloitte Financial Advisory Services LLP, where he has been a partner in the Forensic & Dispute Consulting practice. He previously worked at the SEC for 10 years, including as a branch chief in the Division of Enforcement.

 

In his new role, Scheck will lead the division’s accountants as they provide technical accounting expertise during financial fraud investigations.

 

More from the JofA:

 

 Find us on Facebook      Follow us on Twitter

 

SPONSORED REPORT

Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.