Tag:

CCO

Compliance Spotlight: Joseph Adamczyk, OCC

Joseph Adamczyk, ’01 is the Senior Vice President and Chief Compliance Officer at OCC (Options Clearing Corporation). OCC is the world’s largest equity derivatives clearing organization, and works to promote stability and financial integrity in the marketplace. Mr. Adamczyk holds a J.D. from Loyola University Chicago School of Law, an MBA from the University of Chicago, and a B.S. in Business Administration from DePaul University.

The Risks of Outsourcing Compliance

The Chief Compliance Officer (“CCO”) plays a vital role in in the business of broker dealers and investment advisors. Following the financial crisis, firms hired compliance officers in droves to help repair vulnerabilities in firm policies and to address emerging regulation. As regulatory complexity and demand for compliance professionals grew, firms looked to consultants, contractors and lawyers to help fulfill specialized compliance functions. Can an unaffiliated third party effectively fulfill the Chief Compliance Officer role?

Volkswagen Compliance Chief Steps Down

Mac Matarieh Associate Editor Loyola University Chicago School of Law, JD 2018   Volkswagen installed emission software that allowed more than a half-million diesel cars in the United States to cheat the emissions test set by the Environmental Protection Agency (EPA). Volkswagen has since recalled millions of vehicles and has reached a nearly $15 billion …
Read more