Over the past decade, the amount of emphasis that a company has been required to put into complying with various laws and protocols has increased considerably. In years past, most companies operated with a simple rulebook that all employees were asked to follow. However, rules were rarely enforced or evaluated, which then made them ineffective. Due to increased regulations and penalties for non-compliance, many companies now invest heavily in the compliance space.
One way that companies will invest in their compliance department is by hiring a chief compliance officer and having that person manage a team of compliance individuals that focus on building and implementing compliance procedures. The amount of compliance officers in the world has increased considerably over the past decade. It is now estimated that the number of companies that are developing and maintaining compliance programs is growing at more than ten percent per year. Several professional organizations in the industry have continued to grow and have ended up expanding their presence to national locations. It is also now estimated that over two dozens colleges and universities across the country have degrees and specialty programs that focus solely on compliance.
One individual that has spent her entire career focused on building compliance programs is Helane Morrisson. Helane Morrison today is the Chief Compliance Officer and General Counsel of Hall Capital Partners, LLC, a company that provides investment services to a wide range of clients. Helane’s corporate profile (http://www.hallcapital.com/team/executive-committee/helane-l-morrison.php) boasts a very strong background in the field of compliance.
Helane Morrison has spent a good portion of her career in both the private and public sectors. She spent an 8 year period as the head of the San Francisco office of the Securities and Exchange Commission. In this role, she was involved in the development and implementation of a variety of securities laws.