According to the April 19 sdcexec.com article regarding the ‘2016 Compliance Risk Report: CCOs under scrutiny,’ nearly one-third of compliance officers are extremely concerned about their personal liability in misconduct investigations. With a majority, over 80% of survey respondents being at least somewhat apprehensive of taking a position as a CCO, especiialy in the private sector, could possibly “destroy your career or personal life,” replied one current Corporate Compliance Officer.
The main points of the 2016 CRR hit on the Justice Department’s appointing Hui Chen as first compliance counsel and the Yates Memo, a plan to hold individual corporate employees accountable and prosecution, if fitting, as well as incentivizing reform. US Government seems to be focusing on punishing any and everyone involved in corporate misconduct in any way.
One such CCO, Helane Morrison, seems to be untouchable in this situation. Always above board, and willing to go above and beyond the call of duty, Morrison has the tendency and sill to run with the ‘big dogs.’
Helane Morrison joined Hall Capital Partners, LLC in November 2007, and has climbed ranks to her current position(s) of Managing Director, General Counsel, and Chief Compliance Officer. Before her joining Hall Capital, Morrison was responsible for security and enforcement matters for Northern California and five Northwestern states, as Regional Director of the SEC from 1999- late 2007. In this position, she handled both the enforcement and examinations within the San Francisco jurisdiction). Preceding her stint with the SEC, Helane Morrison spent her career practicing law in her private practice, trying cases for Contra Costa ADA, and serving as a law clerk for Supreme Court Justice Harry Blackmun, among her many other accomplishments.
Helane Morrison has spent her career climbing the ladder, and is doing so, has managed to collect achievement after achievement. Her trophy cabinet is jam packed, and includes titles such as Director of the Bar Association of San Francisco (BASF), member of Board of Regional Parks Foundation, and participant of Board of Directors of the University of California, Berkeley, School of Law Alumni Association, just to name a few. With credentials like these, and the backing of so many, Ms. Morrison need not have a worry of the 2016 CRR or the results of the survey; Helane cannot just run with the big dogs, she IS the big dog!