Author:

Gilbert Carrillo

New York Law Could Shake Up Compliance Departments

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017   The state of New York is in the process of implementing a new rule requiring some financial U.S. and foreign institutions, with New York offices, to prove that their transaction monitoring and sanctions filtering programs for catching criminal activity do in fact …
Read more

SEC set to change how investors elect board members

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, J.D. 2017   The Securities and Exchange Commission (SEC) is expected to propose new rules that would make it easier for shareholders to vote on board candidates nominated by investors, versus those pushed by the company’s management. What impact could this have on compliance departments? …
Read more

Tesla autopilot hardware and how it impacts compliance departments

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017   This past week, Tesla announced that all vehicles produced by the company, as of October 19, 2016, will have hardware needed for “full self-driving capability at a safety level substantially greater than that of a human driver” (aka autopilot). Aside from the …
Read more

New regulations for airlines aim to help customers but what does it mean for compliance departments?

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017   The Obama administration has recently announced new regulation proposals to address common passenger complaints about airline service. Some of these rules would: allow passengers to obtain refunds for delayed baggage, provide customers with more accurate information about performance of the airlines passengers …
Read more

Legislation Involving Disclosure of Data Breaches

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017   Yahoo is just the latest company to have a major cyber security data breach. What is more troubling is how this data breach occurred about 2 years ago and only just now the public is being told about the incident. Was Yahoo …
Read more

Theranos: New Compliance Program Hopes to Save the Company

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017 Edmund Tyrrell Associate Editor Loyola University Chicago School of Law, JD 2018   Theranos, the American health-tech and medical-lab-services company, recently hired two executives to oversee regulatory compliance standards. The executives were hired following Theranos receiving multiple sanctions from U.S. regulators about the …
Read more

Sports Regulation and Martial Arts

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017   In the United States, sanctioned MMA fights are a heavily regulated industry. While there are international governing organizations in the MMA industry, states permitting sanctioned MMA fights have created their own unarmed combat regulation authorities. These authorities are tasked with the responsibility …
Read more

Reasons for an Athletics Compliance Department

Gilbert Carrillo Executive Editor Loyola University Chicago School of Law,  JD 2017   The National Collegiate Athletic Association (“NCAA”) is a non-profit organization that regulates athletes in over 1,200 institutions, associations and conferences.  The NCAA also organizes many of the athletic programs of its member schools.  The amount of members in the NCAA requires rules …
Read more