Podcasts about assistant general counsel

In this special compilation episode, I am joined by a powerhouse lineup of legal innovators, practitioners, and tech leaders who are actively reshaping the industry:Zack Shapiro, founder of an AI-native law firm, Rains LLP. Alexander, Co-lead of AI Research at Thomson Reuters.Sandy MacDonald, the Senior Director and Head of Legal Operations at DocuSign.Dharshi Harindra, a tech lawyer, Assistant General Counsel, and Executive Coach.We talk about the profound shift toward agentic AI in the legal sector and how mastering detailed prompting, continuous feedback, and custom workflows creates an unassailable competitive advantage for forward-thinking lawyers. You'll hear perspectives on overcoming the legal trust gap, avoiding "AI slop," and leveraging entrepreneurial mindsets that most traditional law firms are completely missing.We dive into:The Tech-Lawyer Trust Gap: Why legal tech companies miss the mark by pitching software features rather than understanding the granular, day-to-day challenges and cultural mindsets of practicing lawyers. The Blueprint for Custom AI "Skills": How to move past simple one-line prompts and instead use an essay-length context or voice rants to build hyper-specific digital assistants that compound in value through continuous feedback. The Breaking Leverage Model: Why traditional firms relying on bloated billable hours face an existential threat from lean, entrepreneurial, AI-native practitioners. The "Half-Lawyer, Half-AI" Evolution: How junior lawyers and trainees can create massive, unprecedented value by stepping up as the bridge between pure computer science and legal practice. AI Slop vs. Human Judgment: The critical importance of keeping your brain turned on, verifying citations, and using AI for heavy cognitive lifts rather than as an excuse for lazy output. Compliance and Regulation Blind Spots: Why rushing into technology without understanding data protection boundaries - like using WhatsApp groups for firm operations - creates massive regulatory red flags. ---Each week I take what I'm hearing in conversations with legal leaders.I analyze the market and track emerging trends in this AI era.In my newsletter called The Future Lawyer Market Intel for the AI eraI'm focused on:What AI is exposingThe opportunitiesThe blind spotsAnd the shifts shaping the next five years.This is how you see the chessboard before everyone else does:https://hollycope.my.canva.site/thefuturelawyer Hosted on Acast. See acast.com/privacy for more information.

Episode Summary: In this episode of the Solar Maverick Podcast, Benoy Thanjan speaks with members of the Solar Sisters about their organization, their partnership with Let's Share the Sun Foundation, and their recent delegation to Puerto Rico around International Women's Day. The conversation features Abby Hopper, Noelle Paige, Yejdie Olutosin, Addie Momyer, and Erin Greeson, who share how the Solar Sisters came together, why women's leadership matters in clean energy, and how solar and battery storage can create life-changing impact for communities facing energy insecurity. The group discusses their experience visiting La Casa de Bondad, a domestic violence shelter in Puerto Rico supported by Let's Share the Sun, and participating in a residential solar installation for a homeowner who relies on reliable electricity for medical needs.  The episode also touches on the challenges facing Puerto Rico's grid, the role of solar and storage in energy resilience, the ongoing work of Let's Share the Sun to bring energy access to underserved communities, and a fundraiser Benoy is organizing on June 4th in Jersey City to support that mission.   Biographies Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar plus storage developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $50 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar.   Guests Information Abby Hopper Abby Hopper is the founder of Solar Sisters and former President and CEO of the Solar Energy Industries Association (SEIA). A passionate advocate for clean energy and women's leadership in the industry, Abby created Solar Sisters as a community built around three pillars: service, growth, and connection. She has been a driving force behind the Solar Sisters delegation to Puerto Rico, partnering with Let's Share the Sun to bring energy equity to domestic violence shelters on the island. Abby is widely recognized for opening doors for women across the clean energy sector and building a culture of collaboration over competition. Linkedin:  https://www.linkedin.com/in/abigailhopper/   Noelle Paige Noelle Paige is Vice President of Project Development at Aspen Power, where she manages a large team and leads project development efforts. She is deeply passionate about workforce development, women in business, and the clean energy transition.  Linkedin:  https://www.linkedin.com/in/noellepaige/   Yejdie Olutosin Yejdie Olutosin is the Director of the Accelerate Program at ACORE, based in Washington, D.C., where she manages a market access platform supporting clean energy founders scaling solutions across the value chain. Since 2020, the program has grown to support over 60 companies across more than 30 states. A former Peace Corps volunteer originally from the U.S. Virgin Islands, Yejide brought a deeply personal connection to the Puerto Rico delegation, drawing on her own experience with energy insecurity in island communities. Linkedin:  https://www.linkedin.com/in/yolutosin/   Addie Momyer Addie Momyer is Assistant General Counsel and Director of Legal Operations at the Solar Energy Industries Association, a role she has held since 2023. Prior to SEIA, she spent her career in public interest representation and litigation at Maryland Legal Aid. Addie is passionate about ensuring the clean energy transition happens equitably and that all communities are included.  Linkedin:  https://www.linkedin.com/in/addie-momyer-bb3752262/   Erin Greeson Erin Greeson is the founder and principal consultant of ClimateLine, a communications and marketing firm focused exclusively on companies committed to the clean energy transition.  Linkedin:  https://www.linkedin.com/in/eringreeson/   Stay Connected: Benoy Thanjan Email: info@reneuenergy.com  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com Website: https://www.solarmaverickpodcast.com/   Solar Sisters Website:  https://solar-sisters.org   Let's Share the Foundation Website:  https://www.letssharethesun.org/   Summer Solstice Fundraiser Benoy is hosting the Summer Solstice Fundraiser on June 4th in Jersey City at Hudson Hall, bringing together the clean energy community for an evening of networking and impact. The event supports Let's Share the Sun, a nonprofit delivering solar and energy storage solutions to underserved communities in Puerto Rico, including families with critical 24 hour energy needs. The event will run from 6 PM to 10 PM and includes food, networking, and a special program at 8 PM featuring insights from the Let's Share the Sun team, delegation participants, and event sponsors.  This will be Benoy's third delegation in the past year, and he highlights the importance of meeting beneficiaries firsthand and seeing how solar is transforming lives. Those interested in attending or sponsoring are encouraged to reach out directly or register here:  https://luma.com/jl734ggi   Please provide 5 star reviews      If you enjoyed this episode, please rate, review and share the Solar Maverick Podcast so more people can learn how to accelerate the clean energy transition.    Reneu Energy Reneu Energy provides expert consulting across solar and storage project development, financing, energy strategy, and environmental commodities. Our team helps clients originate, structure, and execute opportunities in community solar, C&I, utility-scale, and renewable energy credit markets. Email us at info@reneuenergy.com to learn more.            

On this episode of the SeventySix Capital Sports Leadership Show, Wayne Kimmel interviewed Paris Dupree, Vice President, Senior Counsel in Business and Legal Affairs at OneTeam Partners.Prior to joining OneTeam, Dupree served as Vice President and Assistant General Counsel at JPMorgan Chase, where she led and negotiated major sponsorships and partnerships across  the company's Sports, Entertainment, Media, and Brand businesses—including the firm's partnerships with Madison Square Garden, the US Open, and the Chase Center, as well as global events such as the JPMorgan Corporate Challenge, the world's largest corporate running event. Her early career was shaped at leading law firms, including Morgan, Lewis & Bockius LLP, Pepper Hamilton LLP (now Troutman Pepper LLP), and Cooley LLP, where she gained significant experience in venture capital, mergers and acquisitions, and advising private equity funds and growth-stage companies across technology, life sciences, and digital media sectors. A proud graduate of Brown University, Dupree earned her degree in Organizational Studies: Commerce, Organizations, and Entrepreneurship. While at Brown, she was captain of the Women's Lacrosse Team, earning First-Team All-Ivy and Academic All-Ivy honors, and also competed in basketball as a dual-sport athlete her freshman year. In 2010, she was selected to the U.S. National Women's Lacrosse Team—the first Brown player in more than a decade to earn that honor. She was recently inducted into Brown University's Athletic Hall of Fame, recognizing her enduring contributions to the university's athletic legacy. Dupree later earned her J.D. from The George Washington University Law School. Dupree's leadership and impact extend beyond her professional role. She was recognized as the 2024 Young Woman Professional Award recipient by the New Castle County Chamber of Commerce, honoring her professional excellence and community contributions. She currently serves on Brown University's President's Advisory Council on Athletics & Recreation, focusing on long-term strategic planning, and as a member of the Board of Trustees at Sanford School, an independent, college preparatory school in Hockessin, Delaware, where she plays an active role in advancing the school's mission, shaping strategy, and strengthening community engagement. Dupree resides in Wilmington, Delaware, with her husband, Vern, and their 5-year-old son, Cairo. Family is central to who she is, and she can often be found cheering on her husband and father's Delaware State Hornets basketball team or supporting Cairo's activities. Paris Dupree:LinkedIn: https://www.linkedin.com/in/parisdupree/Chapters02:07 Understanding One Team Partners' Role in Sports Licensing03:58 Commercial Partnerships and Their Impact on Athletes08:07 Structuring Fair Deals for Players and Brands09:59 Collaboration with Player Associations12:06 The Fun and Meaningful Aspects of Paris's Job14:11 Paris's Athletic Background and Its Influence18:03 The Similarities Between Sports and Business22:04 Mentorship and Leadership in Paris's Career30:17 The Future of Sports and Player Opportunities

In this third and final episode from Nacha's Smarter Faster Payments in San Diego, produced in partnership with LSEG Risk Intelligence, we bring together leaders from banking, fintech, compliance, and digital assets to unpack the most urgent challenges and biggest opportunities shaping the future of payments. Host Graham Barrett speaks with six more guests: 1/ Brian Holbrook, Director of Product Strategy and Integrated Services, LSEG Risk Intelligence 2/ Nanci McKenzie, Director, Treasury Management Payments Expert, Capital One 3/ Kevin Donoughe, Senior Vice President, Assistant General Counsel, Regions Bank 4/ Alex Treece, Co-Founder & CEO, Stablecore 5/ Brian Weide, Director of Treasury Management, DeNovo Treasury, LLC 6/ Marsha Jones, President, Third Party Payment Processors Association Together they explore how fraud is evolving, how regulation is catching up, and how financial institutions can build trust in a world of instant, irreversible money movement. Brian Holbrook, Director of Product Strategy & Integrated Services, LSEG Risk Intelligence on why Nacha's new fraud‑monitoring rules demand a shift from box‑ticking to true lifecycle risk management, and why impersonation fraud starts long before a payment is sent. Nanci McKenzie, Director & Treasury Management Payments Expert, Capital One on what it really takes to scale agentic AI in faster payments, the overlooked threat of pig‑butchering scams, and why policy and compliance must evolve before the technology does. Kevin Donoughe, SVP & Assistant General Counsel, Regions Bank on the legal and regulatory landscape for stablecoins, the impact of the GENIUS Act, and why banks must rethink governance, controls, and customer education in a 24/7 real‑time environment. Alex Treece, Co‑Founder & CEO, Stablecore on why stablecoins are at a crossroads, how banks are entering the space for the first time, and why trillions of dollars in future volume will depend on integrating digital assets into the traditional banking stack. Brian Weide, Director of Treasury Management, DeNovo Treasury on whether banks should charge for access to open‑banking data, the economics facing community banks, and why AI‑driven fraud detection is becoming essential for smaller institutions. Marsha Jones, President, Third Party Payment Processors Association (TPPPA) on the role of third‑party processors in securing the ACH ecosystem, the compliance pressures facing the industry, and how processors can strengthen trust across the payments value chain. From fraud escalation to regulatory clarity, from agentic AI to stablecoin adoption, this episode captures the most important conversations happening in U.S. payments today and what they mean for banks, corporates, processors, and consumers navigating an increasingly complex landscape.

In this episode, I'm talking with Dharshi Harindra, a tech lawyer, Assistant General Counsel, and Executive Coach.She is the founder and host of the Unbiased podcast, a platform dedicated to exploring the legal industry through the lens of curiosity and leadership.We first met at Legal Tech Talk in London in 2025, and after a brief chat for my show, she invited me onto hers to dig deeper into the "why" behind the work I do.We talk about the transformation of the legal industry and how the widening mindset gap between generations is the primary barrier to AI adoption. You'll hear perspectives on reclaiming your career autonomy and the importance of upskilling in an era where AI is rapidly automating junior-level tasks.In this conversation, we explore:The "Inside-Outside" Perspective: My journey from training as a lawyer to building a freelance career that supports a digital nomad lifestyle.The Gen Z vs. Traditional Firm Conflict: Why law firms are no longer just competing with each other, but with the flexibility of consultancy models.The Trust Gap in AI: Why most legal tech marketing misses the mark and how practitioners can bridge the knowledge gap.The Global AI Skills Summit: Reflections on the November 2025 summit and the necessity of mandatory AI training for the future of the profession.Living Intentionally: A closing question on whether your daily actions actually align with your long-term goals.I usually spend my time interviewing others, but Dharshi gave me a rare opportunity to share my own story. I'm sharing this here because many of the themes we discussed - specifically the mindset shift required to survive the AI era - are the core of why I created this podcast. I hope you enjoy the "other side" of the microphone as much as I did. Hosted on Acast. See acast.com/privacy for more information.

Marisa Coppel, Assistant General Counsel at Phantom, joined me to discuss the CFTC issuing no-action relief for the firm's self-custodial crypto wallet.Topics: - CFTC issued a no-action letter to Phantom Technologies - SEC and CFTC guidance - Clarity Act Brought to you by 

Story of the Week (DR):Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I. MMAfter selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.Allbirds is ditching years of clean and green street credEach share of Class A common stock is entitled to one vote on each proposal and each share of Class B common stock is entitled to ten votes on each proposalClassified: one Class I director to hold office until the 2028 Annual MeetingAI/technology experience on board: ZEROVoting powerCofounder/former CEO/director Joseph Zwillinger (24%)VC dude: B.S. in Industrial Engineering and Operations Research; M.B.A. Wharton; director since 2015Cofounder/former CEO/director Timothy Brown (27%)Former soccer player: B.S. in Design; M.Sc. in International Management; director since 2015 Director Dan Levitan (33%)VC dude: B.A. in history from Duke University and an M.B.A. from Harvard; director since 2016Lead independent director and “effective chairperson” Dick Boyce (4%)VC dude; B.S.E from Princeton and M.B.A. from Stanford; director since 20162 whole womenAlsoSnap blames AI as it lays off 1,000 workersStarbucks launches beta app in ChatGPT to fuel new drink discoveryUS Army Builds First AI Chatbot for Troops, Trained on Live Conflict Data From Iran and Ukraine, Built on Reddit-Style ForumsMeta is making an AI Mark Zuckerberg to talk to employees, report says‘AI Is Our Friend,' Morgan Stanley CEO SaysTrump administration taps automakers to boost weapons production in WWII-style pushSenior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ​of companies includingGeneral MotorsCEO/Chair Mary Barra has spent 2025 and 2026 "cozying up" to the administration. In recent shareholder letters, she has explicitly thanked Trump for his support of the industry and praised his tariff policy for "leveling the playing field."Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GE Aerospace, acting as a major link to the administration's military expansion goals.Two weeks prior to his resignation as CEO, a scathing independent review outlined the 14-year delay, 19x budget overrun ($800M), and numerous human errors made by Northrop Grumman in the construction of the James Webb Space Telescope, which led to Wes testifying before congressGM donated $1 million to the 2025 inauguration and supplied the official presidential motorcade vehicles, continuing their long-standing traditionFord MotorCEO Jim Farley has been described as a frequent caller to President Trump. In January 2026, Trump was caught on a live mic during a Michigan factory tour claiming Farley calls him "all the time" to push for the repeal of environmental "garbage" (EPA regulations).Chair William Clay (Bill) Ford Jr.: has maintained what he calls a "great relationship" with President Trump since the 2024 election. In January 2026, he personally hosted Trump at the Ford Rouge Center in Dearborn, where they toured F-150 production lines.Ford Motor Company was one of the first major corporations to "line up" for the 2025 inauguration. The company donated $1 million to the Trump-Vance Inaugural Committee and provided a fleet of vehicles for the ceremony's transportation needsDirector Jon Huntsman Jr. served as Trump's Ambassador to Russia during his first term.GE AerospaceCEO/Chair Larry Culp has a very direct win-win relationship with the administration. In May 2025, Culp accompanied President Trump on a high-stakes trip to the Middle East.During that trip, Trump helped broker a $96 billion order from Qatar Airways for Boeing jets, which will be powered exclusively by GE engines.Culp was seen side-by-side with Trump in Doha celebrating the deal.Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GM, acting as a major link to the administration's military expansion goals.OshkoshDirector David Perkins: a retired 4-star General and former commander of the U.S. Army Training and Doctrine Command (TRADOC)U.S. tech companies ramp up government lobbying amid Iran war uncertaintyNetflix Chair Reed Hastings to Leave Board in June The founder is stepping aside to focus on his philanthropic effortsSarandos or Peters or Hoag?Average Frequency 2004: approximately 5 to 6 discs per month per subscriberToday: Monthly Average: This adds up to about 31 to 32 hours per month.The "Browsing" Tax: Interestingly, data shows that the average user spends about 18 minutes per day just scrolling through the menu before actually hitting "play." If you include that, people are "using" the app for nearly 40 hours a monthPopulist math time: that's 6570 minutes=109.5 hours=4.6 daysAccording to the latest data from the U.S. Bureau of Labor Statistics (BLS) for March/April 2026, the average hourly wage in America is: $37.38 per hour=$4093.11Average US minimum wage is $11.60=$1270.20IBM folds to Trump anti-DEI push, admits no misconduct but pays $17M penalty3 (of 14) women with 11% total influence: no leadership positions21 execs/5 women: 3 are Assistant General Counsel, Chief Human Resources Officer, Chief Legal OfficerWhite House study says DEI policies cost US economy by promoting unqualified managersGoodliest of the Week (MM/DR):DR: Oil prices may be falling, but for the wrong reason: ‘Demand destruction' throttling global consumptionEuropean Airlines Face Fuel Shortages Within WeeksDR: Karen S. Carter Named Dow CEO; Number Of Black Women Running Fortune 500 Companies Now At 2MM: Big grid batteries are finally on a roll in New EnglandAssholiest of the Week (MM):There is one asshole of the week - protection from liability. Here are the incarnations.Security: We're in a new era of heightened CEO safety measures, security pros sayStarbucks Mandates CEO Private Jet Use After Security ReviewMeta spends more guarding Mark Zuckerberg than Apple, Nvidia, Microsoft, Amazon, and Alphabet do for their own CEOs—combinedFriday's attack on Sam Altman's house underscores a growing worry for some CEOs: safety at homeSnap paid $2.8 million for CEO and cofounder Evan Spiegel's personal securityAlphabet paid $8.3 million for CEO Sundar PichaiMusk = $2.4mHuang = $2.2mTech billionaires seem to be doom prepping. Should we all be worried?Reid Hoffman, the co-founder of LinkedIn, has talked about "apocalypse insurance".Security costs are directly correlated to how much we hate the CEOs - this is not a mistake, literally these people are the ones who take advantage of employees and customers, ruin the free world, destroy everything they touch and make billions doing itI never need to make an asshole list again - I just need to identify what company pays the most for security for their CEODamion's prediction of a corporate nation state is close - small armies, bubbles and islands, no accountability?Social Media: Meta vows appeal of 'landmark' social media verdicts, warns of free speech erosionSo now Meta is arguing that the teen in California was harmed by the content, which is protected by section 230, so Meta can't be liable. But the teen argued that the DESIGN of Meta social media was the problem, NOT the content, and that's how they wonMeta and Google lost because of content recommendations, not content - the recommendations are entirely in the control of Meta and GoogleMeta is effectively now arguing that algorithmic delivery is free speech - but they talk out of the other side of their mouths when coddling Trump and conservatives, because if algorithm is free speech here, it means content moderation IS ALSO FREE SPEECH since the algorithm IS MODERATIONIf Meta wins on appeal, it means that the social media companies can never be liable for anything - not the product design, not the content - it is the ultimate coup, there would be nothing you could possible sue them forNew study shows just how Facebook's algorithm shapes conservative and liberal bubblesLegislation: Bill Cunningham, Illinois State Rep DROpenAI Backing Law That Protects It When AI Causes Mass Deaths and Other MayhemAnthropic Opposes the Extreme AI Liability Bill That OpenAI BackedProvides that a developer of a frontier artificial intelligence model shall not be held liable for critical harms caused by the frontier model if the developer did not intentionally or recklessly cause the critical harms and the developer publishes a safety and security protocol and transparency report on its website. Provides that a developer shall be deemed to have complied with these requirements if the developer: (1) agrees to be bound by safety and security requirements adopted by the European Union; or (2) enters into an agreement with an agency of the federal government that satisfies specified requirements. Sets forth requirements for safety and security protocols and transparency reports. Provides that the Act shall no longer apply if the federal government enacts a law or adopts regulations that establish overlapping requirements for developers of frontier models."Critical harm" means the death or serious injury of 100 or more people or at least $1,000,000,000 of damages to rights in property caused or materially enabled by a frontier model, through either: (1) the creation or use of a chemical, biological, radiological, or nuclear weapon; or (2) engaging in conduct that: (A) acts with no meaningful human intervention; and (B) would, if committed by a human, constitute a criminal offense that requires intent, recklessness, or negligence, or the solicitation or aiding and abetting of such a crime.Headliniest of the WeekDR: Amazon Accused of Hiding Worker's Death for a Week, Making Employees Keep Working as Corpse Lay on FloorDR:374Water Reappoints Richard "Rick" Davis to the Company's Board of Directors AND CMC Announces Appointment of Michael 'Mike' Dumais to Board of Directors AND Regis Corporation Announces Appointment of William “Bill” Charters as Independent DirectorMM: ChatGPT's “Honest Reaction” to a “Song” Composed Entirely of Gas-Passing Noises Will Make You Question Whether It's Honestly Evaluating Your Other Brilliant IdeasWho Won the Week?DR: Wesley BushMM: Anyone who wants to cause “critical harm” to societyPredictionsDR: Wharton creates two new MBA courses inspired by Allbirds: MKTG 655: Consumer Gaslighting & The Algorithmic Pivot and MGMT 910: Advanced Failing UpwardsMM: In 2027, Reed Hastings will be elected as an independent director at Netflix

Guests:Todd Blair, Vice President & Assistant General Counsel as CoreSitePatricia Donkor, Senior Corporate Counsel at Steampunk, Inc.Herrin Hopper, Associate General Counsel at Truth Initiative FoundationCo-hosts:Phil Feigen,  ShareholderSuzanne Bassett, Associate

Can AI agents be deployed for enhanced protection? What is a “triple extortion”? How is ransomware evolving? Is there hope for SMEs?Sam Kaplan is a policy, legal, and national security professional with over eighteen years of experience across the public and private sectors. He is currently the Assistant General Counsel for Public Policy & Government Affairs at Palo Alto Networks, providing legal guidance on domestic and international legislative, regulatory, and policy matters, with a focus on cybersecurity, AI governance, privacy, data security, international data flows, and public-private capacity building.Before Palo Alto Networks, Sam led the global product policy team for Facebook's News Feed and News Tab at Meta Platforms, addressing issues like AI/ML fairness, algorithmic transparency, platform integrity, election security, misinformation, and harmful content.Prior to his private sector roles, Sam spent over thirteen years in the Federal Government. He held senior leadership positions at the U.S. Department of Homeland Security, including Assistant Secretary for Cyber, Infrastructure, Risk and Resilience Policy and Chief Privacy Officer. Earlier government roles included work at the U.S. Department of Justice (Office of Legal Policy, Bureau of Alcohol, Tobacco, Firearms and Explosives, and U.S. Attorney's Office for the Eastern District of Virginia) and as Counselor to a member of the Privacy and Civil Liberties Oversight Board, focusing on the U.S. Intelligence Community.References:* Sam Kaplan on LinkedIn* Palo Alto Networks* Unit 42 Research (Palo Alto Networks)* Cyber Information Sharing and Collaboration Program (CISCP) at CISA (Cybersecurity and Infrastructure Security Agency) This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.mastersofprivacy.com/subscribe

Judith Waltz, Partner, Foley & Lardner LLP, Faraz Siddiqui, Assistant General Counsel, Memorial Sloan Kettering Cancer Center, David Lazarus, Partner, Foley Hoag LLP, and John Hood, Associate, Akerman LLP, discuss some of the key health law developments from 2025 and what to expect in 2026. They cover a wide range of legislative, regulatory, and judicial issues, focusing on Medicare and Medicaid, public health, civil and criminal enforcement, and drug development. Waltz, Siddiqui, Lazarus, and Hood are editors of AHLA's bestselling title, Federal Health Care Laws and Regulations.Watch this episode: https://www.youtube.com/watch?v=9H7hOIesrDALearn more about AHLA's Federal Health Laws and Regulations: https://store.lexisnexis.com/ahla/products/ahla-federal-health-care-laws-and-regulations-ahla-members-grpussku5626742m.html Essential Legal Updates, Now in Audio AHLA's popular Health Law Daily email newsletter is now a daily podcast, exclusively for AHLA Comprehensive members. Get all your health law news from the major media outlets on this podcast! To subscribe and add this private podcast feed to your podcast app, go to americanhealthlaw.org/dailypodcast. Stay At the Forefront of Health Legal Education Learn more about AHLA and the educational resources available to the health law community at https://www.americanhealthlaw.org/.

Mariette Clardy-Davis is Assistant General Counsel at Primerica, providing strategic guidance on the Securities Business. Recognizing AI competence as a professional duty, she launched "Unboxing Generative AI for In-House Lawyers" virtual workshops and an online directory empowering lawyers to move from AI overwhelm to practical application through hands-on learning. In this episode… Legal teams are turning to generative AI to speed up their work, yet many struggle with getting consistent, usable results. Learning AI skills requires hands-on practice with prompting frameworks, styling guides, and instructions that improve output quality. That's why attorneys need creative training approaches that help these skills stick and carry over into their day-to-day work.  Building AI fluency isn't about mastering the technology itself. It's about shifting mindset and approach. One common challenge legal teams encounter is expecting AI to deliver consistent outputs every time, yet AI doesn't work like a copy machine. It responds through patterns, so the same prompt might produce different results. That's why creative, narrative-based training is effective for learning prompting frameworks. When attorneys pair detailed prompt instructions with gold standard examples, AI tools get the reference points they need for tone, style, and structure. Saving strong prompts into a library creates leverage and reduces the time spent rebuilding instructions for recurring tasks. This helps attorneys reduce rework, improve accuracy, and shift from basic efficiency tasks to work that supports strategy and collaboration.  In this episode of She Said Privacy/He Said Security, Jodi and Justin Daniels talk with Mariette Clardy-Davis, Assistant General Counsel at Primerica, about how in-house legal teams can embrace generative AI education. Mariette explains how creative, story-driven workshops make AI learning more engaging and why understanding prompting frameworks is essential for consistent results. She discusses common misconceptions lawyers have about generative AI tools and how building a task-based directory with reusable prompts helps legal teams save time on repetitive work. Mariette also explains how attorneys can use AI not just to speed up tasks but to support more substantive legal work.

Scott Strickland, Shareholder, Hall Render Killian Heath & Lyman PC, Jim Carr, Co-Founder and Partner, InHealth Advisors, and Rachel Polzin, Assistant General Counsel, SSM Health, discuss the value-based enterprise (VBE) framework and the associated exceptions and safe harbors. They cover why the uptick in the framework has been a bit slower than anticipated, ways for health care organizations to take advantage of the VBE exceptions and safe harbors to mitigate risk, the future of traditional co-management arrangements, integrating new compliance processes, and how the Transforming Episode Accountability Model might promote the adoption of VBE. Scott, Jim, and Rachel spoke about this topic at AHLA's 2025 Annual Meeting in San Diego, CA.Watch this episode: https://www.youtube.com/watch?v=VBfiNQ8_AowLearn more about the AHLA 2025 Annual Meeting that took place in San Diego, CA: https://www.americanhealthlaw.org/annualmeeting Learn more about AHLA's 2025 Annual Meeting eProgram: https://educate.americanhealthlaw.org/local/catalog/view/product.php?productid=1472 Essential Legal Updates, Now in Audio AHLA's popular Health Law Daily email newsletter is now a daily podcast, exclusively for AHLA Premium members. Get all your health law news from the major media outlets on this podcast! To subscribe and add this private podcast feed to your podcast app, go to americanhealthlaw.org/dailypodcast. Stay At the Forefront of Health Legal Education Learn more about AHLA and the educational resources available to the health law community at https://www.americanhealthlaw.org/.

At the 2025 TRACE Forum, Kirk Foster, Assistant General Counsel and Director of Compliance at HII Mission Technologies, explores how organizations can use Enterprise Risk Management (ERM) alongside compliance to proactively address emerging risks. By leveraging ERM, Kirk discusses how companies can make data-driven decisions, increase efficiency, reduce redundancy, and support business growth.

This week, we host Dennis Garcia, someone has been a leader at the intersection of law, technology, and business for over 25 years. He is currently Assistant General Counsel at Microsoft, where he leads the legal support function for the Microsoft Americas Strategic Customer Pursuit, Partner Solutions, and Sales Enablement & Operations teams—among many other responsibilities. Dennis' journey into tech law began during law school, where he had the opportunity to support in-house counsel at IBM. That early exposure sparked a lasting interest in the intersection of legal practice and innovation. After graduating, he was hired by IBM for a full-time position, negotiating licensing and sale agreements. Dennis then served as counsel at Accenture, advising the Communications & High Tech and Financial Services Market Units. Today, Dennis shares stories from his early days at IBM, and how he developed his skills as a deal lawyer at Accenture. He also discusses the different ways he has been using Copilot in his work, as well as the ethical considerations of using generative AI in legal practice. Read the full transcript of today's episode here: https://www.seyfarth.com/dir_docs/podcast_transcripts/Pioneers_DennisGarcia.pdf

In this episode of the Investing in Integrity podcast, Ross Overline, CEO and co-founder of Scholars of Finance, sits down with John Geelan, General Counsel and Secretary at Piper Sandler Companies.For 20 years, John has been a driving force at Piper Sandler, rising from Assistant General Counsel in 2005 to leading the firm's legal department. With deep expertise in corporate governance, public company reporting, and corporate development, he has helped steer the firm through complex legal and strategic challenges. As President of the Piper Sandler Foundation, he also ensures the firm's philanthropic efforts align with its broader mission.John's journey provides a unique lens into the intersection of law, finance, and corporate responsibility. He shares insights on creativity in problem-solving, maintaining mental health in leadership, and navigating high-stakes decision-making. Plus, he explores policy shifts in Washington and the growing influence of AI in financial services.Meet John GeelanJohn Geelan is the General Counsel and Secretary of Piper Sandler Companies, a role he has held since 2012. As a member of the firm's executive leadership team, he oversees legal, governance, and regulatory matters while also serving as President of the Piper Sandler Foundation. Geelan joined the company in 2005 after working in private practice at Faegre & Benson LLP. He serves on the boards of the Children's Theatre Company and The Fund for Legal Aid. Geelan holds a bachelor's degree in economics and music from the University of St. Thomas and a J.D. from Notre Dame Law School.

Elaina Kim Benfield, Assistant General Counsel at Vanguard, sits down with Andy Vitrano, Senior Vice President Manager of Coaching and Special Programs at Baird, to explore the power of being connected to others and having a shared purpose in driving success. They discuss how organizations thrive when colleagues support one another, hold each other accountable, acknowledge “invisible excellence,” embrace vulnerability and focus on pathways to change.

In Episode 3, host Jordan L. Fischer, Esq. interviews Corey Dennis, Chief Privacy Officer & Assistant General Counsel at Legend Biotech, where he leads the global privacy, cybersecurity, and artificial intelligence legal programs. In this episode, Jordan and Corey walk through two recent developments that are impacting data strategies in the healthcare and life sciences industry: the EU NIS2 Directive and the Department of Justice ("DOJ") Final Rule on the bulk transfer of sensitive data to “countries of concern” or “persons of concern.” Corey provides practical insights into the way that both of these new requirements are impacting businesses, as well as considerations for businesses who are required to comply with these changes. For more information on Corey Dennis, visit: https://www.linkedin.com/in/corey-m-dennis-cipp/. To contact our host, Jordan L. Fischer, Esq., regarding this podcast or to inquire into becoming a guest, please contact Ms. Fischer at jordan@jordanfischer.me.

In this episode, I am joined by Don Ziel, Senior Vice President of the Church and Ministry Alliance and Assistant General Counsel at Alliance Defending Freedom. Together, we explore Don's work in defending religious freedom, the biggest legal challenges facing churches and ministries today, and the steps leaders must take to protect their mission. Don't miss this insightful conversation on faith, law, and navigating cultural and legal battles with courage.

Welcome to the award-winning FCPA Compliance Report, the longest-running compliance podcast. In this episode, Tom welcomes Eric Morehead to discuss the role and function of the U.S. Sentencing Commission. Eric is the Director of Advisory Services Solutions at LRN and former Assistant General Counsel at the U.S. Sentencing Commission. He and Tom review the intricacies of the U.S. Sentencing Commission's role, structure, and impact. Eric walks through his professional journey and explains the Sentencing Commission's function in standardizing federal criminal sentences and promoting organizational compliance programs. He emphasizes the importance of the Sentencing Guidelines, the process for their amendment, and the challenges faced by the Commission, such as quorum issues. The discussion also touches on current topics, including the potential impact of executive orders on DEI policies and the FCPA pause, stressing the continued relevance of the Sentencing Guidelines in compliance program development. Key highlights: Eric Morehead's Background and Role at the U.S. Sentencing Commission Understanding the U.S. Sentencing Commission Process of Creating and Amending Sentencing Guidelines Impact of Sentencing Guidelines on Compliance Programs Current Issues in Compliance: DEI and FCPA Enforcement Resources: Eric Morehead on LinkedIn LRN US Sentencing Guidelines for Organizations Tom Fox Instagram Facebook YouTube Twitter LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

Based on AHLA's annual Health Law Connections article, this special series brings together thought leaders from across the health law field to discuss the top ten issues of 2025. In the first episode, Hilary Isacson, Assistant General Counsel, Sutter Health, speaks with Daniel J. Hettich, Partner, King & Spalding LLP, about the impact that the Supreme Court’s Loper Bright decision is having on Medicare reimbursement. They discuss the impact on CMS’ approach to rulemaking and whether providers will have more opportunities to challenge CMS actions, how providers should navigate this new environment, and important cases to follow. From AHLA's Regulation, Accreditation, and Payment Practice Group.Watch the conversation here.AHLA's Health Law Daily Podcast Is Here! AHLA's popular Health Law Daily email newsletter is now a daily podcast, exclusively for AHLA Premium members. Get all your health law news from the major media outlets on this new podcast! To subscribe and add this private podcast feed to your podcast app, go to americanhealthlaw.org/dailypodcast.

In the episode of CLOC Talk, guest host Jeremiah Kincannon chats with Justin Schweisberger, Chief Revenue Officer at Pramata and Kari Walden, Assistant General Counsel at Jack Henry about strategic planning in legal operations. They explore the importance of aligning legal operations with company strategy. And, share hurdles and successes, like improving sales contract processes and implementing post-contract management systems. Justin and Kari emphasize the significance of communication, timing, and achieving quick wins to gain buy-in for legal operations initiatives. Tune in as they offer tips on persisting through failure and learning from experiences!Special thanks to our sponsor Pramata for this episode!

While we are on our winter publishing break, please enjoy an episode of our N2K CyberWire network show, The Microsoft Threat Intelligence Podcast by Microsoft Threat Intelligence. See you in 2025! On this week's episode of The Microsoft Threat Intelligence Podcast, we discuss the collaborative effort between Microsoft and Fortra to combat the illegal use of cracked Cobalt Strike software, which is commonly employed in ransomware attacks.  To break down the situation, our host, Sherrod DeGrippo, is joined by Richard Boscovich, Assistant General Counsel at Microsoft, Jason Lyons, Principal Investigator with the DCU, and Bob Erdman, Associate VP Research and Development at Fortra. The discussion covers the creative use of DMCA notifications tailored by geographic region to combat cybercrime globally. The group express their optimism about applying these successful techniques to other areas, such as phishing kits, and highlight ongoing efforts to make Cobalt Strike harder to abuse.      In this episode you'll learn:          The impact on detection engineers due to the crackdown on cracked Cobalt Strike  Extensive automation used to detect and dismantle large-scale threats  How the team used the DMCA creatively to combat cybercrime    Some questions we ask:          Do you encounter any pushback when issuing DMCA notifications?   How do you plan to proceed following the success of this operation?   Can you explain the legal mechanisms behind this take-down?    Resources:   View Jason Lyons on LinkedIn  View Bob Erdman on LinkedIn    View Richard Boscovich on LinkedIn   View Sherrod DeGrippo on LinkedIn     Related Microsoft Podcasts:                    Afternoon Cyber Tea with Ann Johnson  The BlueHat Podcast  Uncovering Hidden Risks        Discover and follow other Microsoft podcasts at microsoft.com/podcasts     Get the latest threat intelligence insights and guidance at Microsoft Security Insider      The Microsoft Threat Intelligence Podcast is produced by Microsoft and distributed as part of N2K media network.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Shannon Llenza, Assistant General Counsel at Microsoft and Commander, U.S. Navy Reserve (retired), reflects with Reed Smith data coordinator Mark Butterfield, a member of RSVets, Reed Smith's veterans business inclusion group, on how her military service has impacted her legal, governmental, and corporate career.

On today's podcast, I am talking with Bill, We will chat about where he picked up his privacy skills. In high school, Bill's job was to deliver beer, Baker Donelson is where he began his privacy career!

This week's Clause 8 episode features Bridget Smith, Assistant General Counsel and Director, Intellectual Property at Relativity Space—the first company to successfully create and launch a 3D-printed rocket.

Bryan Barash, Senior Director, Assistant General Counsel at Dutchie discusses the potential impact of the 2024 Presidential election on cannabis legalization, emphasizing the importance of social equity in Florida's cannabis market and the need for federal relief to address corruption and ensure fair competition. The challenges posed by the absence of a SAFE banking act were highlighted, emphasizing the need for compliance to maintain consumer trust. Bryan introduced its Dutchie 2.0 platform, which aims to enhance the customer experience, drive revenue, and streamline operations, with a focus on compliance and advanced payment solutions. The conversation also explored the ongoing DEA rescheduling process, potential policy changes like the MORE Act and Safe Banking Act, and the differing approaches of Democratic and Republican-led states. Additionally, optimism about upcoming state ballot measures in Ohio and Pennsylvania was expressed, alongside recognition of hurdles in more conservative regions.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Ako Shimada is the Vice President, General Counsel, and Corporate Secretary of Ushio America Inc. Ako also serves as General Counsel for Ushio Europe BV and is an independent director for Fujitech. She shares her story of embracing her Japanese heritage and transforming her career. The discussion covers her journey from growing up in Japan to pursuing law in the U.S., her experiences in litigation and in-house roles, and her strategic approach to seeking board positions. You will hear a story of someone who is brave in speaking up about what they would like to do. Listen as each piece falls into place!  If you enjoyed this episode and it inspired you in some way, we'd love to hear about it and know your biggest takeaway. Head over to Apple Podcasts to leave a review and we'd love it if you would leave us a message here! In this episode you'll hear: How Ako found her way to study law after a stint in journalism and studying psychology Ako's journey to owning her Japanese DNA and how that has transformed her life and career The extraordinary story of being nominated for a board role by an activist company Ako's tips for preparing for board roles and networking Her favorite authors and other fun facts  About Ako Ako Shimada is Vice President, General Counsel and Corporate Secretary of Ushio America, Inc., in Cypress, California and General Counsel of Ushio Europe B.V. in the Netherlands, leading providers of light sources and solutions for a variety of applications including scientific, medical, semiconductor, entertainment, horticulture, and architectural applications.  In her role as General Counsel and Corporate Secretary, Ako oversees the company's legal, compliance, risk management, and corporate governance matters.  Previously she held Assistant General Counsel positions at Christie Digital Systems USA, Inc., and Apria Healthcare LLC. Ako is also an independent outside director for Fujitec Co., Ltd. (TYO:6406), a publicly traded manufacturer of elevators and escalators headquartered in Japan with global operations and serves on the Nomination and Compensation Advisory Committee.  She also serves as a board member of KA Imaging Inc. in Kitchener, Canada, a developer of cutting-edge multi-energy X-ray detectors and micro-CT scanners for a wide variety of applications.  Ako serves as a board director of the Southern California Chapter of the Association of Corporate Counsel.  She is also a Council Leader for the U.S.-Japan Council (USJC). USJC's mission is to develop and connect diverse leaders to create a stronger U.S.-Japan relationship.  Ako is also a charter member of the Japan Board Diversity Network, an influential global network of female board directors and senior professionals dedicated to improving corporate governance and board diversity in Japan.  Ako received her bachelor's degree in psychology (highest distinction) from Northwestern University and a Juris Doctor degree from Loyola University Chicago School of Law.  Connect with Ako LinkedIn: https://www.linkedin.com/in/akoshimada/  Links L'Effervescence https://www.leffervescence.jp/  Connect with Catherine  Linked In https://www.linkedin.com/in/oconnellcatherine/ Instagram: https://www.instagram.com/lawyeronair YouTube: https://youtube.com/@lawyeronair 

On this week's episode of The Microsoft Threat Intelligence Podcast, we discuss the collaborative effort between Microsoft and Fortra to combat the illegal use of cracked Cobalt Strike software, which is commonly employed in ransomware attacks.  To break down the situation, our host, Sherrod DeGrippo, is joined by Richard Boscovich, Assistant General Counsel at Microsoft, Jason Lyons, Principal Investigator with the DCU, and Bob Erdman, Associate VP Research and Development at Fortra. The discussion covers the creative use of DMCA notifications tailored by geographic region to combat cybercrime globally. The group express their optimism about applying these successful techniques to other areas, such as phishing kits, and highlight ongoing efforts to make Cobalt Strike harder to abuse.      In this episode you'll learn:          The impact on detection engineers due to the crackdown on cracked Cobalt Strike  Extensive automation used to detect and dismantle large-scale threats  How the team used the DMCA creatively to combat cybercrime    Some questions we ask:          Do you encounter any pushback when issuing DMCA notifications?   How do you plan to proceed following the success of this operation?   Can you explain the legal mechanisms behind this take-down?    Resources:   View Jason Lyons on LinkedIn  View Bob Erdman on LinkedIn    View Richard Boscovich on LinkedIn   View Sherrod DeGrippo on LinkedIn     Related Microsoft Podcasts:                    Afternoon Cyber Tea with Ann Johnson  The BlueHat Podcast  Uncovering Hidden Risks        Discover and follow other Microsoft podcasts at microsoft.com/podcasts     Get the latest threat intelligence insights and guidance at Microsoft Security Insider      The Microsoft Threat Intelligence Podcast is produced by Microsoft and distributed as part of N2K media network.  

Sean sat down with Dana McMahon, Chief Compliance Officer for Stryker to discuss all the great things she and her team are doing to ensure a culture of compliance and to lead Stryker into the future. Beyond that Dana is the Global President for Stryker Women's Network (see bio below)! This is one great discussion you do not want to miss! Bio Dana serves as Chief Compliance Officer for Stryker and is responsible for overseeing the global compliance, privacy, and enterprise risk programs and functions. Under her leadership, the Compliance function has been focused on driving value for Stryker by partnering across the businesses to enable growth and manage risk. Dana also currently serves as the global president for Stryker Women's Network, which seeks to improve Stryker's results by fostering an open and inclusive culture, with a focus on attracting, developing, and retaining talented women. Dana has more than 20 years of experience in the life sciences industry. She joined Stryker in 2017 as Chief Legal Counsel, leading a global legal team advising on regulatory and quality, manufacturing and supply, technology and cybersecurity, commercial and government contracting, and privacy. Prior to Stryker, she served as Assistant General Counsel at Novo Nordisk, where during her 14-year career she held several positions of escalating responsibility within the legal team, overseeing support to the commercial, clinical, medical affairs, R&D, compliance, and government affairs organizations. Dana has worked extensively on matters related to product development and commercialization, market access and reimbursement, and compliance and risk management. Previously, Dana worked in private practice at O'Melveny in New York City. Dana received her law degree from New York University School of Law and her bachelor's degree from Hamilton College.

In the final edition of our new podcast miniseries series, Behind the Font, we answer your questions about font licensing [cue Jeopardy theme]! Once again, Monotype's Vice President and Assistant General Counsel, Phil Carey-Bergren wades into the intricacies of font licensing with our host, Carl Unger. Topics include the implications of breaching font licenses, the significance of copyright, and what to do if you accidentally breach a contract or misuse a font license. Behind the Font is exactly what it sounds like - a podcast miniseries that looks behind the creative work we love to better understand how creative work gets done. Have a question or topic you'd like us to explore? Email us at podcast@monotype.com and we may cover it!

In the second edition of our new podcast miniseries series, Behind the Font, we dig into the technical side of font licensing [cue psycho theme]. Our Senior Vice President and Assistant General Counsel, Phil Carey-Bergren, and host, Carl Unger, dissect the main parts of a font license and walk us through some common font licensing use cases you might see at work.  Behind the Font is exactly what it sounds like - a podcast miniseries that looks behind the creative work we love to better understand how creative work gets done. Have a question or topic you'd like us to explore? Email us at podcast@monotype.com and we may cover it! 

In this episode, Bridget Smith, Assistant General Counsel and Director, Intellectual Property for Relativity Space joins the podcast to discuss her company, how her job involves trade secrets, her views on measures to protect trade secrets given her company's unique assets, and other subjects.

In the first-ever edition of our new podcast miniseries, Behind the Font, we dive into the often murky and mysterious waters of font licensing [cue Jaws theme]. Our guest for this journey into the depths is Monotype Senior Vice President and Assistant General Counsel, Phil Carey-Bergren, and we couldn't ask for a better person to walk us through the ins and outs of these contracts. In Part 1, we get a crash course in recent font history to understand how licenses have evolved and why this matters to today's brands, designers, and agencies.  Stay tuned for Part 2 next week, where we'll dissect the elements of a license and ask the question everyone is thinking - do I really need to read this whole thing? Behind the Font is exactly what it sounds like - a podcast miniseries that looks behind the creative work we love to better understand how creative work gets done. Have a question or topic you'd like us to explore? Email us at podcast@monotype.com and we may cover it!

In this episode of the Great Women in Compliance podcast, Hemma and Ellen host a roundtable with Hope Anderson, a partner in White & Case's Data, Privacy & Cybersecurity Practice, and Jean Liu, Assistant General Counsel, Privacy, Safety, and Regulatory Affairs who joined Microsoft in 2023 as part of the Nuance Communications, Inc. acquisition.    Together, Hope and Jean have a wealth of experience advising on privacy, AI, and data governance compliance issues and they are well positioned to leverage this experience in the wake of a rapidly evolving regulatory landscape. Hemma and Ellen didn't waste a minute mining these two experts for practical tips and recommendations for those of us looking to get smart quick and grapple with what seems like a behemoth task of keeping up with developments in the technology and the legislation, while at the same time, making sure we don't get left behind in learning to leverage AI in our own functions. Join us for an engaging ride through the ups and downs of privacy and AI compliance, and be inspired as we were by the great opportunities to develop new and exciting use cases while mitigating risk and the chance to unlock the power of responsible and ethical AI for our businesses.  Key Highlights Getting up to speed with rapidly evolving regulatory landscape The role of AI principles vs policies and procedures Human Rights, Bias, and AI Keeping the “Human in the Loop” Thoughts on a US Federal AI or Privacy Law Leveraging AI for Ethics and Compliance Key resources and recommendations Resources Join the Great Women in Compliance community on LinkedIn here.

Riker Danzig partners Jim Lott and Diane Hickey were our special guests for the second episode of Season 3, moderated by our co-hosts Mike O'Donnell and Bethany Abele.  Jim and Diane practice in Riker's Governmental Affairs practice with extensive experience in Land Use law, regularly dealing with disputes over title, and continually interacting with planning boards and the Department of Transportation at the intersection of title law and real estate development. They explained to Bethany and Mike that most of their title examination for commercial development comes during thorough due diligence, whether for developers, lenders or investors, which serves to help avoid most title disputes. They advise as to the best courses of action to address a potential title issue in appearances before planning boards, from controversial warehouse projects, and commercial shopping centers to lighting applications for drive-up ATMs. Diane also addressed specific issues faced by cannabis licensees with applications before the local planning and zoning boards, when title insurance companies are not issuing policies because of federal law hurdles for real property transactions with cannabis uses.  Jim also provided insight on being attentive to DOT access rights for properties located along state highways when considering subdividing or changing lot lines, and dealing with easements in the planning board context. Next, Mike interviewed then-associate Thomas Persico, who is now serving as Assistant General Counsel with JPMorgan Chase.  Tom explained the Community Wealth Preservation Program established by Governor Murphy early this year, which aims to intercept foreclosed-upon residential properties before public auction by giving first and second rights of refusal to purchase after foreclosure.  The goal of the program is to keep generational wealth within families.  Tom addressed how the Act works and the various restrictions, as well as how sales under the Program differ from other foreclosure sales.  Mike and Tom discussed the process of exercising the rights of refusal, exploring how sheriff's offices are enforcing deed restrictions and addressing complaints.  They also identified areas of the Program that will likely be clarified in the future.

Kristin Shapiro joins She Thinks podcast to discuss this month's policy focus: Au Pairs for Senior Care. We delve into the very real need that the current senior population and future generations have in finding cost-effective, in-home care as they age. In our discussion, we look at the current Au Pair program, which is currently limited to child care, and explain how the State Department can expand it so that seniors can stay in their homes and receive support services all while reducing the high costs associated. Kristin Shapiro is a senior fellow with Independent Women's Forum. She has clerked for Chief Judge Alex Kozinski on the United States Court of Appeals for the Ninth Circuit. Following her clerkship, Shapiro practiced law as an associate at Williams & Connolly LLP, a D.C. law firm, for six years, where she litigated numerous cases in the United States Supreme Court and the federal courts of appeal and district courts. She then served as Assistant General Counsel in the Office of General Counsel of the U.S. House of Representatives for three years; worked at the Office of Legal Counsel at the Department of Justice; and currently practices appellate and constitutional law in Washington, DC.--She Thinks is a podcast for women (and men) who are sick of the spin in today's news cycle and are seeking the truth. Once a week, every week, She Thinks host Beverly Hallberg is joined by guests who cut through the clutter and bring you the facts. You don't have to keep up with policy and politics to understand how issues will impact you and the people you care about most. You just have to keep up with us. We make sure you have the information you need to come to your own conclusions. Because, let's face it, you're in control of your own life and can think for yourself. You can listen to the latest She Thinks episode(s) here or wherever you get your podcasts. Then subscribe, rate, and share with your friends. If you are already caught up and want more, join our online community. Be sure to subscribe to our emails to ensure you're equipped with the facts on the issues you care about most: https://iwf.org/connect. Independent Women's Forum (IWF) believes all issues are women's issues. IWF promotes policies that aren't just well-intended, but actually enhance people's freedoms, opportunities, and choices. IWF doesn't just talk about problems. We identify solutions and take them straight to the playmakers and policy creators. And, as a 501(c)3, IWF educates the public about the most important topics of the day. Check out the Independent Women's Forum website for more information on how policies impact you, your loved ones, and your community: www.iwf.org. Subscribe to IWF's YouTube channel. Follow IWF on social media: - on Twitter- on Facebook- on Instagram#IWF #SheThinks #AllIssuesAreWomensIssues Hosted on Acast. See acast.com/privacy for more information.

Mary Catherine Malley is Director, Assistant General Counsel for Juniper Networks. Her route to this huge role for a global, NYSE listed, multi-billion company following an 11 year career break is the topic of our conversation. A surprising conversation with a neighbor jumpstarted her relaunch, and ended up in a returnship-like role for his company. Mary Catherine details the key role networking played in her relaunch, and how attending our iRelaunch Return to Work Conference twice and the iRelaunch Roadmap helped guide her relaunch. This episode is part of our "Relaunching in Senior Roles" mini-series and is a rebroadcast of a previously aired episode.

Today we welcome Sue Bunnell, Assistant General Counsel & Executive Director at Wells Fargo, and a career catalyst. Sue has been with Wells Fargo for over two decades, serving many different functions. In her current role, she partners with senior business, risk, and compliance leaders. She also oversees the Catalyst Program, which helps high-potential professionals learn and examine their goals in order to achieve the next steps in their careers. Sue is also a frequent speaker who facilitates workshops for a wide range of groups, and she partners one-on-one with professionals, focusing on strong self-advocacy skills. Additionally, Sue is board co-chair at Leading Women in Technology, an organization that helps professional women develop the skills, experience, and approaches necessary to map their own paths to success and achieve their goals. She is also a board member at Professional BusinessWomen of California. In our conversation, Sue talks about the importance of self-advocacy, the qualities of an ideal mentor, the Catalyst Program, and her work in Leading Women in Technology.

You want to use GenAI at work, but it can be difficult to know when and how to do so safely. As part of our ongoing live Ask An Expert Interview Series on LinkedIn, Chris and Anne have called on two legal experts, Mary Newcomer Williams, Assistant General Counsel at Microsoft, and Michael Brick, Assistant General Counsel US Commercial Industries at Microsoft, to explain how executives can make sure they're using AI to maximize the productivity of their teams and do so responsibly. Chris and Anne go in-depth with Mary and Michael as they discuss the four areas in which retailers and brands can use GenAI responsibly, right now, including: ● eCommerce and Marketing ● Merchandising and Planning ● Stores and Service ● Supply Chain Operations To read any of information discussed during the podcast, head here: - Microsoft's Responsible AI Website | https://www.microsoft.com/en-us/ai/responsible-ai - Microsoft's Responsible AI Standards | https://query.prod.cms.rt.microsoft.com/cms/api/am/binary/RE5cmFl?culture=en-us&country=us - Microsoft's AI Tools and Best Practices | https://www.microsoft.com/en-us/ai/tools-practices - Microsoft's Copilot Copyright Commitment | https://blogs.microsoft.com/on-the-issues/2023/09/07/copilot-copyright-commitment-ai-legal-concerns/ - Microsoft's Overview of Responsible AI Practices for Azure OpenAI Models | https://learn.microsoft.com/en-us/legal/cognitive-services/openai/overview?context=%2Fazure%2Fai-services%2Fopenai%2Fcontext%2Fcontext%20and%20https%3A%2F%2Flearn.microsoft.com%2Fen-us%2Flegal%2Fcognitive-services%2Fopenai%2Ftransparency-note%3Fcontext%3D%2Fazure%2Fai-services%2Fopenai%2Fcontext%2Fcontext&tabs=text%20ReplyDeleteMute - Microsoft's Transparency Note for Azure OpenAI Service | https://learn.microsoft.com/en-us/legal/cognitive-services/openai/transparency-note?context=%2Fazure%2Fai-services%2Fopenai%2Fcontext%2Fcontext&tabs=text - Walmart Case Study for New Generative AI-Powered Capabilities for Shoppers and Associates | https://blogs.microsoft.com/blog/2024/01/09/walmart-unveils-new-generative-ai-powered-capabilities-for-shoppers-and-associates/ Music by hooksounds.com *Sponsored Content*

We're taking a look back on Season 1.And in this replay episode, Alan Gibson, Assistant General Counsel of Compliance and Ethics for Microsoft, joins hosts Adam Kaiser and Jordan Feise.Alan's career began in business, where he started and ran an international sales company before pursuing a law degree. After joining Microsoft, he found himself developing and implementing a program to analyze compliance data, despite having no experience in data or analytics.As the conversation unfolds, you'll hear how Alan tackled this unexpected challenge and how the digital transformation can give you a comprehensive view of your compliance risk.In this episode, you'll learn:How to start smallThe importance of an in-depth understanding of the problem you are trying to manageWhy speaking the language of ‘business' impacts success

Andrew Arthur is Resident Fellow in Law and Policy for the Center for Immigration Studies. He began his legal career through the Attorney General's Honors Program as a clerk to an Administrative Law Judge in the Office of the Chief Administrative Hearing Officer at the United States Department of Justice, Executive Office for Immigration Review. Later in his career he was promoted to the Immigration and Naturalization Service General Counsel's Office in D.C., first as an Associate General Counsel, then as an Assistant General Counsel and Acting Chief of the INS National Security Law Division.--Crosstalk continues to monitor progress on our nation's southern border because many believe this to be a national security issue. One state, however, decided to take action. The governor of Texas made great efforts to secure his state but is being thwarted and fought against by the Biden administration. Speaking of the President, he curtailed many of the Trump policies which brought much broader protection to the U.S. He seeks to blame the previous administration and Congress as a source for failing to take action on what he describes as meaningful border control legislation. So what about the Senate-- Just yesterday they released their border bill. Speaker of the House Mike Johnson described it as -dead on arrival.---Just how bad is the situation-- FBI Director Christopher Wray has indicated that the number of illegal immigrants evading border patrol agents and escaping into our nation is a source of -great concern for the FBI.- Andrew noted that in December, Customs and Border Protection encountered about 300,000 people entering the U.S.

Andrew Arthur is Resident Fellow in Law and Policy for the Center for Immigration Studies. He began his legal career through the Attorney General's Honors Program as a clerk to an Administrative Law Judge in the Office of the Chief Administrative Hearing Officer at the United States Department of Justice, Executive Office for Immigration Review. Later in his career he was promoted to the Immigration and Naturalization Service General Counsel's Office in D.C., first as an Associate General Counsel, then as an Assistant General Counsel and Acting Chief of the INS National Security Law Division.--Crosstalk continues to monitor progress on our nation's southern border because many believe this to be a national security issue. One state, however, decided to take action. The governor of Texas made great efforts to secure his state but is being thwarted and fought against by the Biden administration. Speaking of the President, he curtailed many of the Trump policies which brought much broader protection to the U.S. He seeks to blame the previous administration and Congress as a source for failing to take action on what he describes as meaningful border control legislation. So what about the Senate-- Just yesterday they released their border bill. Speaker of the House Mike Johnson described it as -dead on arrival.---Just how bad is the situation-- FBI Director Christopher Wray has indicated that the number of illegal immigrants evading border patrol agents and escaping into our nation is a source of -great concern for the FBI.- Andrew noted that in December, Customs and Border Protection encountered about 300,000 people entering the U.S.

Join us in a captivating conversation with Attorney Walter Anthony Jean-Jacques as we explore his life journey, education, and current role at the National Urban League. We discuss vital topics, from the power of voting to the enduring impact of the civil rights movement, all delivered with a 'by any means necessary' approach."More about Walter:Walter Anthony Jean-Jacques is the Assistant General Counsel of the National Urban League. Mr. Jean-Jacques is a former Litigation Fellow at the NAACP Legal Defense and Educational Fund, Inc. in Washington, D.C. where he focused on racial justice litigation.  Additionally, he is a former judicial law clerk in the U.S. District Court for the District of Connecticut.  Mr. Jean-Jacques is a recipient of the Equal Justice America and National Lawyers Guild Haywood Burns Fellowships. He worked at the Southern Poverty Law Center, Public Defender Service for the District of Columbia, and NAACP Legal Defense and Educational Fund, Inc. during law school. During the summers of 2011 and 2012, Mr. Jean-Jacques served as an Affiliate Servives Intern for the National Urban League. He is a former Board Member on the Board of Directors for Equal Justice Works, where he served from January 2019 to December 2021. In addition,  he served on the National Advisory Committee of Equal Justice Works representing the Midwest region from July 2018 to June 2020. Currently, he serves as an Advisory Board Member of the Klau Institute for Civil and Human Rights at the University of Notre Dame.Tap in with Walter:@WalterJeanJacq on XWelcome to the ScholarChip$ podcast hosted by Larry Alexander and Tone Gaines. Larry is a transactional attorney at a Fortune 500 Company. Tone is a Corporate Mergers and Acquisitions attorney at a large law firm in Chicago. But more importantly, both Larry and Tone are Black Men from the inner city of Milwaukee, Wisconsin. The duo started ScholarChip$ to (1) create a platform to have candid conversations with scholars and (2) normalize academics as a viable way to achieve upward mobility in Black and Brown communities.Discussions in this podcast are for general information and entertainment purposes only. Nothing contained in this podcast constitutes financial, legal, tax or any other professional advice. Always consult a professional regarding your individual circumstance. NOR DOES IT CONSTITUTE AN ENDORSEMENT OF ANY INDIVIDUAL GUEST. ALWAYS DO YOUR DILIGENCE. 

Members of the K&L Gates Hydrogen, Power, Tax, and Tax Policy teams speak with Sandi Safro Osborn, Assistant General Counsel of the Edison Electric Institute, about the proposed regulations the Treasury Department and Internal Revenue Service released on 22 December 2023 concerning the Inflation Reduction Act's new Section 45V hydrogen production tax credit. The discussion covers details of the new rules and considers their potential impacts on the eligibility of hydrogen facilities to claim the credit. This episode of Hydrogen Rising is an edited audio version of a webinar hosted on 10 January 2023. Click here for the original webinar recording which includes presentation slides.

Michael J. O'Neill serves as Assistant General Counsel and the Barbara K. Olson Legal Counsel at Landmark Legal Foundation. Landmark Files Brief Urging Michigan Court of Appeals to Reject Arguments that Federal Candidates Can be Found in Violation of the 14th Amendment in State Court

Kasmira Cryer is someone who saw first-hand the devisivness media can create. Instead of staying in the problem she is committing herself to elevate media and social influence to unite the world! Tara Trantham is a lawyer determined to use her story to create better systems for victims of family violence and mental health issues. This dynamic duo are not only inspiring, they are creating a positive way forward, promoting love and acceptance for all. Follow them both on social media to keep up with their latest projects.Amanda Kazzy Cryer is a Filmmaker, Social Impact Influencer, Consultant and Strategist. She is committed to elevating voices through social media, film and traditional media, and is passionate about media-driven projects that bring awareness to social issues. Having lived and worked in both developed and developing countries, she has been active in co-creating opportunities to solve problems, shift systems, and activate the inner capacity of leaders to create lasting change. As a social impact influencer and consultant, Amanda has coached and worked with hundreds of people from all different backgrounds including influencers, leading change makers and emerging changemakers in media, celebrities, community activists, leaders at the United Nations, scientists, philosophers, thought-leaders, TV and Film personalities, Nobel Prize recipients, CEOs, actors, and founders of nonprofits and triple bottom line organizations. Since 2009, Amanda has been practicing the Conscious Full Spectrum Response framework developed by her mentor Dr. Monica Sharma (former Director of Leadership and Capacity Development at the United Nations) in systems shift language and transformative dialogue in media. The CFSR is a unique response model based on extensive application, which simultaneously in time solves problems, illuminates and shifts systems and creates new patterns sourced from individual inner capacity and transformational leadership. This particular model has generated sustainable results worldwide. ​Amanda was the Project Director for United Global Shift, a non profit that delivers workshops for people engaged in initiatives that make a difference. UGS coaches people on projects that both empower individuals and shift the systems that perpetuate chronic issues such as poverty, discrimination, environmental degradation and war. United Global Shift works with leaders and emerging leaders who want to be at the forefront of positive change. UGS mission statement: We are causing a united global shift in what is possible for humanity, focusing on the environment, entrepreneurship, health and education. A shift from survival and scarcity to possibility and peace. Amanda coached emerging leaders in project management and strategic planning that addressed systemic issues.​As a filmmaker, Amanda's productions have included What They Wanted, What They Got, which sold to Showtime; and the multiple award winning, Luz: The Flower of Evil. From 2009 to 2012, she worked with a cohort of Native American actors, including alumni of the Twilight film series, to bring awareness to the water infrastructure issues negatively impacting Indigenous communities across the country. She also worked at Roy Lee's production company Vertigo Entertainment (Doctor Sleep, It, The Departed, The Lego Movie) and served as a producer on the award-winning short film The Lord of Catan starring Fran Kranz (The Cabin in The Woods,Mass) and Amy Acker (Person of Interest, Angel). She co-founded Do Good Media and 1 Voice World, production companies involved in the development and co-creation of media driven projects that look at what's possible when we overcome polarization and move towards unity. Amanda's latest film, Inside Men, highlights personal stories from people whom the prison system has affected in one way or another, the injustices of the prison industrial complex repudiating governmental structures, and private industries that view prisons as a solution to their bottom lines and societal challenges.​She is a conscious activist for ethical eating, prison reform, mental health, addiction, human trafficking and people experiencing homelessness and poverty.Tara received her B.A. degree in Political Science with a minor in Religious Studies from The University of North Carolina in 1995 where she was involved in various campus organizations. She went on to receive her J.D. degree from The John Marshall Law School in Chicago, Illinois, where she was ranked in the Top 15% of her class, on the Dean's List and received the Dean's Grant Scholarship. She studied International Comparative Law in Norway, was a Student Advisor and a member of Moot Court Health Law Competition Team along with other campus organizations.Tara began her career at AGFA Corporation, Healthcare Division, as an Assistant General Counsel in August 2001. In August 2005, she accepted a position as Vice President and Assistant General Counsel with Sherman Financial Group, LLC/Resurgent Capital Services, LLP. She was Assistant Secretary and Assistant General Counsel at Security Finance Corporation of Spartanburg from 2009 to 2012. Tara became the Senior Vice President, Secretary, Chief Compliance Officer and General Counsel of World Acceptance Corporation in 2013 to 2018. Tara served as Chief Legal Officer and Chief Compliance Officer, Secretary and General Counsel for Heights Finance from 2018 to 2021.Tara was appointed General Counsel and Chief Legal Officer for Omni Financial until December 2021.In February of 2022, Tara founded her own fractional general counsel company, Rise Legal Team.Tara is an experienced, detail oriented corporate lawyer with excellent litigation and management skills and is a driven team leader. Having over 23 years of experience, Tara is an expert in the financial services industry and specializes in regulatory compliance and risk management, SEC reporting, mergers and acquisitions and licensing issues. Her expertise led to handling the seminal CID from the CFPB in the installment loan industry resulting in a no finding.She is a member of the Georgia Bar, the American Bar Association, and has served on the Board of Directors for American Financial Services Association, Served on the Law Committee with American Financial Services Association (AFSA). Served as Chair of the State and Government Affairs Committee with AFSA. Tara has been very active in her local community as well, serving on the Board of Safe Harbor, the Board of the Greenville Symphony, was a member of the class of 35 Leadership Greenville, Furman Diversity and Inclusion Program, Greenville Professional Women's Forum, Member of Female Leaders of the Upstate, and spends much of her time volunteering at local organizations.Tara is married to her husband Jonathan and has one son Christian. She treasures time with her family and loves to watch her son play football. Tara has completed her first book, entitled, “Take Off that Mask, Life Ain't No Masquerade Ball”, detailing her personal journey from a failed suicide attempt to thriving and living with joy, love and kindness.Tara Trantham | LinkedInAmanda "Kazzy" Cryer | LinkedIn

    In this episode of the Road to Growth podcast, we are pleased to introduce you to Attorney Lee R. Phillips. Attorney Lee R. Phillips is a Counselor of the United States Supreme Court. He has three university degrees and has held licenses in real estate, mortgage brokering, securities, and life insurance, as well as being a registered investment advisor. Lee is nationally recognized in the fields of business structure, asset protection, financial planning and estate planning. He is the founder of LegaLees Corp., a company specializing in solving asset protection and tax problems for high net worth individuals. After graduating, he practiced law as a patent attorney. He spent 5 years in the dual position of Assistant General Counsel and Associate Director of Research at the nation's largest private university. Author of 19 books, Lee serves on the editorial boards of several professional publications.         At age 27, Lee spent 5 months in a university hospital ICU, and watched the legal system take everything he and his young family had. He understands first hand the importance of asset protection, and he wants to help others avoid personal disasters. As one of the nation's most engaging, dynamic speakers, he has given over 3000 event presentations throughout the US, Canada, and the Pacific Rim. He has helped over a million people understand the law and how to use it to make more money and protect their assets.   Learn more and connect with Attorney Lee R. Phillips by visiting him on   Facebook : https://www.facebook.com/LegaLeesINC/ Twitter : https://twitter.com/legaLees Youtube : https://www.youtube.com/LeeRPhillips Website: https://legalees.com/     Be sure to follow us on Twitter: Twitter.com/to_growth on Facebook: facebook.com/Road2Growth   Subscribe to our podcast across the web: https://www.theenriquezgroup.com/blog Spotify: https://spoti.fi/2Cdmacc iTunes: https://apple.co/2F4zAcn Castbox: http://bit.ly/2F4NfQq Google Play: http://bit.ly/2TxUYQ2 Youtube: https://www.youtube.com/channel/UCKnzMRkl-PurAb32mCLCMeA?view_as=subscriber   If you are looking to be a Guest on Podcasts please click below  https://kitcaster.com/rtg/  For any San Diego Real Estate Questions Please Follow Us at web: www.TheEnriquezGroup.com Youtube: https://www.youtube.com/channel/UCKnzMRkl-PurAb32mCLCMeA or Call : 858 -345 - 7829 Recently reduced properties in San Diego County * Click **** bit.ly/3cbT65C **** Here* ****************************************************************************

Shaun fights the abuses of power! Michael O'Neill, Assistant General Counsel at Landmark Legal Foundation, talks to Shaun about the left taking advantage of our voting system during Covid - and the outcome it is having on our civil liberities! PLUS, Luis Valdes, Florida State Director of Gun Owners of America, discusses the dangers of red flag laws and how our DOJ is weaponizing them against us.See omnystudio.com/listener for privacy information.

FTX, at one point the world's third largest cryptocurrency exchange, went bankrupt, causing the entire cryptocurrency industry to crash. In this episode, hear highlights from Congressional testimony that will explain how FTX was able to grow so large while committing blatant fraud, how it's possible that the government didn't know and didn't do anything to stop it, and hear about a Senate bill that's branded as a solution but has concerning flaws of it's own. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via PayPal Support Congressional Dish via Patreon (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536. Please make checks payable to Congressional Dish Thank you for supporting truly independent media! View the show notes on our website at https://congressionaldish.com/cd265-policing-ftx Background Sources Recommended Congressional Dish Episodes CD264: Cryptocurrencies and Blockchain CD235: The Safe Haven of Sanctions Evaders What is FTX? “What is FTX?” Timothy Smith. Dec 22, 2022. Investopedia. Crypto Regulation “U.S. Senate Is Still Confused About How to Regulate Crypto After FTX Collapse.” Kyle Barr. Dec 1, 2022. Gizmodo. “Congressmembers Tried to Stop the SEC's Inquiry Into FTX.” David Dayen. Nov 23, 2022. The American Prospect. “We Already Have Laws to Stop Crypto Fraud.” David Dayen. Nov 17, 2022. The American Prospect. “Why Is Congress Still Writing Crypto Regulations?” David Dayen. Nov 10, 2022. The American Prospect. “Letter to SEC Chair Gary Gensler Regarding Cryptocurrency Inquiries.” Tom Emmer et al. Mar 16, 2022. “Letter to SEC Chair Gary Gensler Regarding Cryptocurrency Inquiries.” emmer.house.gov. Lead-up to FTX Collapse “In about-face, Crypto exchange Binance pulls out of FTX acquisition.” Elizabeth Napolitano. Nov 9, 2022. NBC News. "Crypto exchange FTX saw $6 bln in withdrawals in 72 hours." Tom Wilson and Angus Berwick. Nov 8, 2022. Reuters. “Crypto exchange FTX saw $6 bln in withdrawals in 72 hours.” Tracy Wang and Oliver Knight. Nov 6, 2022. “Binance to Sell Rest of FTX Token Holdings as Alameda CEO Defends Firm's Financial Condition.” Tracy Wang and Oliver Knight. Nov 6, 2022. CoinDesk. “Divisions in Sam Bankman-Fried's Crypto Empire Blur on His Trading Titan Alameda's Balance Sheet.” Ian Allison. Nov 2, 2022. CoinDesk. “Re: Potential Violations of Section 18(a)(4) of the Federal Deposit Insurance Act.” Seth. P Rosebrock, Assistant General Counsel, Enforcement, FDIC. Aug 18, 2022. FDIC. Tom Emmer “SEC Chair Gary Gensler Must Testify Before Congress, Says Rep. Tom Emmer.” André Beganski. Dec 11, 2022. Decrypt. “Meet Tom Emmer, a powerful crypto advocate in a crypto-wary Congress.” Tony Romm. Dec 8, 2022. The Washington Post. “House GOP picks Emmer as GOP whip, Scalise as leader.” Emily Brooks and Mychael Schnell. Nov 15, 2022. The Hill. FTX Collapse “FTX Effort to Save Itself Failed on Questionable Assets.” Shane Shifflett, Rob Barry, and Coulter Jones. Dec 5, 2022. The Wall Street Journal. “FTX Founder Sam Bankman-Fried Says He Can't Account for Billions Sent to Alameda.” Alexander Osipovich. Dec 3, 2022. The Wall Street Journal. “5 major revelations about the collapse of crypto giant FTX.” David Gura. Nov 23, 2022. NPR. “FTX says it owes more than $3 billion to creditors.” Steven Zeitchik. Nov 20, 2022. The Washington Post. “Declaration of John J. Ray III in Support of Chapter 11 Petitions and First Day Pleadings” [Case 22-11068-JTD] Nov 17, 2022. PACER. “Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX.” Angus Berwick. Nov 11, 2022. Reuters. “FTX chief Sam Bankman-Fried resigns as firm files for bankruptcy.” Jacob Bogage and Tory Newmyer. Nov 11, 2022. The Washington Post. “FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall.” Vicky Ge Huang, Alexander Osipovich, and Patricia Kowsmann. Nov 11, 2022. The Wall Street Journal. Lobbying and Campaign Donations “Lawmakers who benefited from FTX cash probe its collapse.” Tory Newmyer and Steven Zeitchik. Dec 1, 2022. The Washington Post. “Inside Sam Bankman-Fried's courtship of a Washington regulator.” Tory Newmyer and Peter Whoriskey. Nov 28, 2022. The Washington Post. “Congress took millions from FTX. Now lawmakers face a crypto reckoning.” Tony Romm. Nov 17, 2022. The Washington Post. “FTX Collapse Sets Back Crypto Agenda in Washington.” Paul Kiernan. Nov 14, 2022. The Wall Street Journal. “Washington lobbyists sever ties with FTX founder Sam Bankman-Fried after crypto exchange implodes.” Brian Schwartz. Nov 14, 2022. CNBC. “Sam Bankman-Fried charmed Washington. Then his crypto empire imploded.” Tory Newmyer. Nov 12, 2022. The Washington Post. “Meet the mega-donors pumping millions into the 2022 midterms.” Luis Melgar et al. Oct 24, 2022. The Washington Post. “A young crypto billionaire's political agenda goes well beyond pandemic preparedness.” Freddy Brewster. Aug 12, 2022. Los Angeles Times. Aftermath of the FTX Collapse “Factbox: Global regulatory actions against FTX.” Dec 12, 2022. Reuters. “FTX Founder Sam Bankman-Fried Is Said to Face Market Manipulation Inquiry.” Emily Flitter, David Yaffe-Bellany and Matthew Goldstein. Dec 7, 2022. The New York Times. “Clashes Over FTX Bankruptcy Go Global.” Alexander Osipovich, Alexander Saeedy and Alexander Gladstone. Dec 4, 2022. “Hot Wallets vs. Cold Wallets.” Mar 10, 2022. Cryptopedia. December 13 Hearing “Memorandum To: Members, Committee on Financial Services From: FSC Majority Staff Subject: December 13, 2022, Full Committee Hearing entitled, “Investigating the Collapse of FTX, Part I.” Dec 8, 2022. House Financial Services Committee. “Chart: Four Silos for Recover Purposes.” House Financial Services Committee. Sam Bankman-Fried Indictment “Here is the criminal indictment against Sam Bankman-Fried.” Dec 13, 2022. The New York Times. Bills S.4760 - Digital Commodities Consumer Protection Act of 2022 Audio Sources Investigating the Collapse of FTX, Part I December 13, 2022 House Committee on Financial Services Witness: John J. Ray III, CEO, FTX Group Clip Transcripts Rep. Emanuel Cleaver (D-MO): Have you read the full testimony that was planned by our missing guest [Sam Bankman-Fried]? John Ray I have not read his full testimony. Some pieces of it been relayed to me, but I've not read it. I've not read one word of it actually. Rep. Emanuel Cleaver (D-MO): Yeah, I don't know him personally and probably don't want to. But this testimony is so disrespectful. I mean, there's not a person up here would like to show this to their children. In line two of this message, he says, and I quote, "I would like to start out by firmly stating under oath...* And yeah, I can't even say it publicly. The next two words, absolutely insulting. This is the Congress of the United States. Rep. Warren Davidson (R-OH): So when when customers deposited funds into their FTX accounts, where did the cash go? John Ray: Well, sometimes the money wasn't deposited in the FTX account it was sent to Alameda to begin with. Rep. Warren Davidson (R-OH): It was misdirected from from the start straight to Alameda. John Ray: There was certainly some time period where there's no bank account at .com and then ultimately, if you look at the structure of this, Alameda is essentially a customer on that .com exchange, and effectively, you know, borrowed money from or just transferred money from FTX customers to take its own positions on the Alameda hedge fund. Rep. Patrick McHenry (R-NC): So Alameda research and the venture capital business, what did Alameda research do? John Ray: Essentially made crypto investments, engaged in margin trading, took long and short positions in crypto, essentially invested in crypto. But of course, we now know also invested in over $5 billion of other assets which are in a variety of sectors. Patrick McHenry (R-NC): Can you describe the differences between the FTX.com and FTX.us silos? John Ray: Yes. Very simply FTX.us was for US citizens who wanted to trade crypto; FTX.com, US citizens were not allowed to trade on that exchange. That's very simple. And I would make one other comment, which is separate apart from any of those two silos. It was ledger x, which is a regulated entity regulated by the CFTC, solvent and separate from the FTX.us silo. Patrick McHenry (R-NC): Okay, and that is a distinct silo, that's a distinct company? John Ray: That is a distinct company within the US silo, yes. Patrick McHenry (R-NC): Okay. Patrick McHenry (R-NC):: What was the relationship between FTX.com and FTX.us? Was is there a distinction between the two? John Ray: There was a public distinction between the two. What we're seeing now is that the crypto assets for both ftx.com and for FTX.us were housed in the same database. It's called the AWS system, which is just an acronym for Amazon Web Services. It was all housed in the same web format. Patrick McHenry (R-NC):: And is that distinct from Alameda's assets? John Ray: Yes, it is. John Ray: In essence you know, Alameda was a user, effectively a customer, of FTX.com. That's how it was essentially structured. John Ray: There was no audit at Alameda, no audit at the venture silo. There was audit at the US silo and also audit at the the .com silo. I can't speak to the integrity or quality of those audits. We're reviewing, obviously, the books and records. And as I've said earlier, you know, much of those books and records were maintained on a fairly unsophisticated ledger ledger which works workbooks. John Ray: It's an extensive list, it really crosses the entire spectrum of the company, from lack of lists of bank accounts, hundreds of bank accounts dispersed all over the world, lack of a complete list of employees and their functions by group or name, extensive use of independent contractors as opposed to employees, lack of insurance that you'd normally would see in certain businesses, either inadequate insurance or complete gaps in insurance. For example, the Alameda silo had no insurance whatsoever. So those are I mean, there's, the list goes on and on. You know, we could spend all day on them. John Ray: While many things are unknown at this stage, we're at a very preliminary stage, many questions remain, we know the following. First customer assets at ftx.com were commingled with assets from the Alameda trading platform. That much is clear. Second, Alameda used client funds to engage in margin trading, which exposed customer funds to massive losses. Third, the FTX group went on a spending binge in 2021 and 2022, during which $5 billion was spent on a myriad of businesses and investments, many of which may only be worth a fraction of what was paid for them. Fourth, loans and other payments were made to insiders in excess of $1.5 billion. Fifth, Alameda's business model as a market maker required funds to be deployed to various third party exchanges, which were inherently unsafe and further exacerbated by the limited protections offered in certain of those foreign jurisdictions. John Ray: I accepted the position of Chief Executive Officer of FTX in the early morning hours of November 11 [2022]. It immediately became clear to me that chapter 11 was the best course available to preserve any remaining value of FTX. Therefore, my first act as CEO was authorized the chapter 11 filings. John Ray: It's virtually unlimited in terms of the lack of controls: no centralized records on banking, no daily reconciliations of crypto assets, silos where there's no insurance, inadequate insurance, no independent board, no safeguards that limit, who controls and asset. So senior management literally could get access to any of the accounts in any of the silos. No separateness between customer money and other customer money or other other assets. It's virtually unlimited in terms of the lack of controls. And that's really the point of the unprecedent comment. I've just never seen anything like it in 40 years of doing restructuring work and corporate corporate legal work. It's just a dearth of of information. John Ray: But again, users had multiple accounts. For example, if they had a different trading position, they may have opened multiple accounts. We know it's a big number. It's in the millions on the customer accounts, and we know it's several billion dollars in losses. Assigning those losses to customer accounts will be our next challenge. John Ray: The FTX group's collapse appears to stem from absolute concentration of control in the hands of a small group of grossly inexperienced and unsophisticated individuals who failed to implement virtually any of the systems or controls that are necessary for a company entrusted with other people's money or assets. Some of the unacceptable management practices identified so far include the use of computer infrastructure that gave individuals and senior management access to systems that stored customers' assets without security controls to prevent them from redirecting those assets; the storing of certain private keys to access hundreds of millions of dollars in crypto assets without effective security controls or encryption; the ability of Alameda to borrow funds held at FTX.com to be utilized for its own trading or investments without any effective limits whatsoever; the commingling of assets; the lack of complete documentation for transactions involving nearly 500 separate investments made with FTX group funds and assets. In the absence of audited or reliable financial statements, the lack of personnel and financial and risk management functions, and the absence of independent governance throughout the FTX group, a fundamental challenge we face is there in many respects we are starting from near zero in terms of the corporate infrastructure and record keeping that one would expect in a multibillion dollar corporation. John Ray: The FTX group is unusual in the sense that, you know, I've done probably a dozen large scale bankruptcies over my career, including Enron, of course. Every one of those entities had some financial problem or another, they have some characteristics that are in common. This one is unusual. And it's unusual in the sense that literally, you know, there's no record keeping whatsoever. It's the absence of record keeping. Employees would communicate, you know, invoicing and expenses on on Slack, which is essentially a way of communicating for chat rooms. They use QuickBooks, a multibillion dollar company using QuickBooks. Rep. Ann Wagner (R-MO): QuickBooks? John Ray: QuickBooks. Nothing against QuickBooks, it's very nice tool, just not for a multibillion dollar company. There's no independent board, right? We had one person really controlling this. No independent board. That's highly unusual in the size company this is. And it's made all the more complex because we're not dealing with, you know, widgets or, you know, something that's tangible. We're dealing with with with crypto, and the technological issues are made worse when you're dealing with an asset such as crypto. John Ray: I've just never seen an utter lack of record keeping. Absolutely no internal controls whatsoever. John Ray: The operation of Alameda really depended based on the way it was operated for the use of customer funds. That's the major breakdown here of funds from ftx.com, which was the exchange for non US citizens, those funds were used at Alameda to make investments and other disbursements. John Ray: There's no distinction whatsoever. The owners of the company could really run free reign across all four silos. John Ray: The loans that were given to Mr. Bankman-Fried, not just one loan it was numerous loans, some of which were documented by individual promissory notes. There's no description of what the purpose of the loan was. In one instance, he signed both as the issuer of the loan, as well as the recipient of the loan. But we have no information at this time as to what the purpose or the use of those funds were. And that is part of our investigation. John Ray: At the end of the day, we're not going to be able to recover all the losses here. Money was spent that we'll never get back. There will be losses on the international side. We're hopeful on the US side. He'll answer to others related to what happened here. Our job is just to find the assets and try to get customers their money back as quickly as possible. John Ray: Essentially, they had two exchanges that allowed users to trade crypto, and then there was the hedge fund. It's as simple as that. The users were allowed to make a variety of investments. They had a more expansive ability to trade crypto if you are a non-U.S. citizen on the .com exchange, but I know what's been described publicly is very complex. It is to some extent, but essentially, you had two exchanges, and you had a hedge fund. Inside both the US silos I've mentioned and inside the silos for .com there were regulated entities. We have regulated entities that are, for example, in Japan that are solvent, we had a regulated entity, ledger X, that was solvent. Those are sort of distinct from the other basic operations that we had, which are the two exchanges. John Ray: The principal issue that the company is facing in the crypto area, and from a technology perspective, it is different from the other bankruptcies because it's not a plane, not a boat. It's this crypto asset and it has inherently some difficulties. You know, the assets can be taken or lost. We have assets there in what are called Hot wallets, and those are in cold wallets. Hot wallets are very vulnerable to to hacking. If you've done any looking on the internet, you'll find that hacking is almost ordinary course in this business sector. They're very, lots of vulnerability to the wallets. So that's this company, unfortunately had a very, very challenging record here. You know, for some transfers there was no pathway for it. Our keys aren't stored in a centralized location. We don't know where all of our wallets are. Passwords were sometimes kept in just plain text format. So this company was sort of uniquely positioned to fail. John Ray: So funds were taken from customers, funds were invested, trading losses incurred in Alameda and then funds were deployed, that will never be valued at the same dollar amount. There was over $5 billion of investments made. Certainly, there's some value there and we'll try to get that value and sell those assets. But oftentimes, even when he made those sorts of investments, whether it was directly or through others in management, sometimes he would do that really without any pro forma or any valuation. Not really quite sure how some of the purchase price numbers were derived. So it gives you a sort of worry obviously, that the purchases were overvalued so there's a concern there as well. John Ray: Alameda was a customer, if you will, of the exchange and it's through that customer relationship, plus other arrangements, that allowed Alameda to borrow those funds, and then pick positions on the exchange like anyone, you know, who would hedge an asset in the market. He had unusually large positions, of course, and sometimes they were wrong in those positions, and they resulted in big losses. But ultimately, the commingling issue is the same in a different issue. He took the money from FTX to cover those positions and ultimately, when customers went to get their money back from .com there was a run on the bank. John Ray: The Alameda fund, well that's just the fund that drew resources from the exchanges, so it's really separate, it was not for customers per se, it was just simply a hedge fund. John Ray: For structural purposes and just for ease of presentation, we tried to take the over 100 entities and we put those in four silos. To demystify that, it's very simple. There was a U.S. silo, which was the FTX.us exchange for US investors. There was an international exchange called FTX.com. Again, for non-U.S. persons that invested in crypto. There was Alameda, which is purely a crypto hedge fund, which made other investments, venture capital type investments. Then there's a fourth entity which was purely investments. And although our investigation is not complete, those investments were most likely made with either Alameda money or money that originally came from ftx.com. But that fourth silo is just purely investments Rep. Patrick McHenry (R-NC): And who owned those four silos? John Ray: All those entities are owned or controlled by Sam Bankman-Fried. Rep. Brad Sherman (D-CA): Now I've heard from some on the other side criticizing the SEC and in July in this room I criticized the Head of Enforcement at the SEC for not going after crypto exchanges. But the fact is that without objection I'd like to put on the record a letter signed by 19 Republican members designed to push back on the SEC, a brushback pitch if you're familiar with baseball, attacking the SEC for paying attention to and I quote, "the purported risks of digital assets." And I'd like to put on the record without objection comments from eight members made in this room that were designed to attack the SEC as being Luddite and anti-innovation for their efforts. Rep. Nydia Velázquez (D-NY): Mr. Ray, a number of their debtors in the FTX group are located in offshore jurisdictions. Will this complicate the efforts to retrieve the assets of those there? If so why? John Ray: No, I don't think it will complicate it at all. The various jurisdictions, historically in bankruptcy, and I've been in a number of cross border situations, the jurisdictions will cooperate with each other. The regulators in all these jurisdictions, I think, realize that everyone's there for a common purpose, to protect the victims and recover assets for the victims of these situations. Rep. Nydia Velázquez (D-NY): How much have you been able to secure and where are most of these assets located? John Ray: We've been able to secure over a billion dollars of assets. We've secured those two cold wallets in a secure location. It's an ongoing process, though, which will take weeks and perhaps months to secure all the assets. Rep. Nydia Velázquez (D-NY): Are most creditors located in the US or foreign jurisdictions. John Ray: The majority of the creditors trade through the .com silo and are outside of this jurisdiction, although there are some foreign customers that are on the US silo, and vice versa. Rep. Ann Wagner (R-MO): Reports suggest that ftx.com transferred more than half of its customer funds, roughly $10 billion, to Alameda research. Is that accurate, sir? John Ray: Our work is not done, we don't have exact numbers for you today, but I will say it's several billion dollars, in that range, so we know that the size of the harm was significant. Rep. Maxine Waters (D-CA): Have you seen evidence of such a cover up? Have you seen evidence that there was any independent governance of Alameda separate and apart from that of the exchange? John Ray: The operations of the FTX group were not segregated. It was really operated as one company. As a result, there's no distinction virtually, between the operations of the company and who controlled those operations. Rep. Maxine Waters (D-CA): Did FTX have sufficient risk management systems and controls to appropriately monitor any leverage the business took on and the interconnections it had with businesses, like again, Alameda. John Ray: There were virtually no internal controls and no separateness whatsoever. Why Congress Needs to Act: Lessons Learned from the FTX Collapse December 1, 2022 Senate Committee on Agriculture, Nutrition, and Forestry Witness: Rostin Behnam, Chairman, Commodity Futures Trading Commission Clip Transcripts 18:30 Debbie Stabenow (D-MI): I've said this before and I'll say it again: the Digital Commodities Consumer Protection Act does not -- does not -- take authority away from other financial regulators. Nor does it make the CFTC the primary crypto regulator, because crypto assets can be used in many different ways. No single financial regulator has the expertise or the authority to regulate the entire industry. 24:30 John Boozman (R-AK): Many have asked why is the Ag Committee involved in this? The Ag Committee is involved because this committee and no other committee in the Senate is responsible for the oversight of the nation's commodity markets. Bitcoin, although a crypto currency, is a commodity. It's a commodity in the eyes of the federal courts and the opinion of the SEC Chairman, there is no dispute about this. If there are exchanges where commodities are traded, be it wheat, oil, or Bitcoin, then they must be regulated. It's simply that simple. 32:45 Rostin Behnam: I have asked Congress directly for clear authority to impose our traditional regulatory regime over the digital asset commodity market. 33:00 Rostin Behnam: I have not been shy about my encouragement of bills that contemplate shared responsibility for the CFTC and the Securities Exchange Commission, where the SEC would utilize its existing authority and reporting regime requirements for all security tokens, while the CFTC would apply its market based rules for the more limited subset of commodity tokens, which do not have the same characteristics of security tokens. 41:00 Rostin Behnam: I can though share with this committee with respect to me, my team and I have taken an initial review of my calendar and what we've observed is that my team and I met with Mr. Bankman-Fried and his team. Over the past 14 months, we met 10 times in the CFTC office at their request, all in relation to this DCO this Clearinghouse application. Nine out of the 10 times we were in Washington, one was at a widely held conference in Florida earlier this year. In addition, there were two phone calls, I believe, and a number of messages, all in relation to the DCO application, providing us updates suggesting that they were answering questions from different divisions, and trying as I said, to doggedly move the application along and to get it approved. 48:00 Sen. John Boozman (R-AK): If ftx.com had been a registered U.S. exchange, would the CFTC have been able to mitigate what happened. Rostin Behnam: Senator, you know, with our current authority, the answer is now. We need the authority to get into a CFTC registered exchange, as you point out. If we had that authority, and they were registered, given what we know from the facts about conflicts of interest, commingling funds, books and records, we would have been able to prohibit it. And I would point to what we're doing with Ledger X. On a daily basis our staff is in direct communication not only with Ledger X, but the custodians themselves, able to identify customer property, and customer money. Imagine that scenario with FTX.us if we had a daily lens into the location of customer money and customer property, you can imagine, given what we've learned about what's happened with FTX, we could have certainly prohibited many of the actions that we're hearing about. 1:16:00 Rostin Behnam: In terms of regulation of cash markets, right, the spot market, we simply do not have authority to register cash market exchanges or any intermediary broker dealer entity within that structure and that's what concerns me, this is the gap. 1:59:30 Rostin Behnam: Unfortunately, when we act, it's often after the fact because the information that allows us to bring an enforcement action in digital asset cash commodity markets, is only because information is coming to us from outsiders, from referrals, from tips, from whistleblowers, and this is in stark contrast to some of the surveillance tools and examination tools that we would have if we had a comprehensive regulatory framework over digital asset commodities. 2:07:00 Sen. Dick Durbin (D-IL): There'll be a reporter waiting in the hall -- I've already talked to her this morning -- who will ask you, "Did he ever contribute to your campaign?" I said "Oh, no, I never heard of the man." She said "You're wrong, Senator, he contributed to you." So the cryptocurrency people are active politically. And they are trying to achieve a political end here. It is their right as citizens of this country to do that. But it really calls on us to make sure that whatever we do is credible under those circumstances. 2:22:30 Rostin Behnam: I can't speak to what Mr. Bankman-Fried or anyone at FTX was thinking when they were advocating for regulation, but the remarkable thing is to think about it in the context of compliance and what we've learned about the FTX entities and just thinking about the bill that Senator Stabenow and Boozman introduced, they would have been so far out of compliance that it just wouldn't have even been possible. Legislative Hearing to Review S.4760, the Digital Commodities Consumer Protection Act September 15, 2022 Senate Committee on Agriculture, Nutrition, and Forestry Witnesses: Rostin Behnam, Chairman, Commodity Futures Trading Commission Todd Phillips, Director, Financial Regulation and Corporate Governance, Center for American Progress Shelia Warren, Chief Executive Officer, Crypto Council for Innovation Christine Parker, Vice President, Deputy General Counsel, Coinbase Heath Tarbert, Chief Legal Officer, Citadel Securities Denelle Dixon, Chief Executive Officer, Stellar Development Foundation Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States December 8, 2021 House Committee on Financial Services Witnesses: Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Samuel Bankman-Fried, Founder and CEO, FTX Brian P. Brooks, CEO, Bitfury Group Charles Cascarilla, CEO and co-Founder, Paxos Trust Company Denelle Dixon, CEO and Executive Director, Stellar Development Foundation Alesia Jeanne Haas, CEO, Coinbase Inc. and CFO, Coinbase Global Inc. Clip Transcripts 23:30 Sam Bankman-Fried: We are already regulated and licensed. We have many licenses globally. Here in the United States, we are regulated by the states under the money service business and money transmitting regime, and we are regulated nationally by the CFTC where we have a DCO, a DCM, a swap execution facility, and other licensure. 1:13:30 Sam Bankman-Fried: One of the really innovative properties of cryptocurrency markets are 24/7 risk monitoring and engines. We do not have overnight risk or weekend risk or holiday risk in the same way traditional assets do, which allow risk monitoring and de risking of positions in real time to help mitigate volatility. We've been operating for a number of years with billions of dollars of open interest. We've never had customer losses, clawbacks or anything like that. Even going through periods of large movements in both directions. We store collateral from our users in a way which is not always done in the traditional financial ecosystem to backstop positions. And the last thing that I'll say is if you look at what precipitated some of the 2008 financial crisis, you saw a number of bilateral bespoke non-reported transactions happening between financial counterparties which then got repackaged and releveraged again and again and again, such that no one knew how much risk was in that system until it all fell apart. If you compare that to what happens on FTX or other major cryptocurrency venues today, there is complete transparency about the full open interest. There is complete transparency about the positions that are held. There is a robust, consistent risk framework. 1:34:00 Sam Bankman-Fried: In addition to a bunch of international licenses in the United States, we are participating in that system you referenced with the money transmitter and money service businesses license is in addition to that, however, we are also licensed by the CFTC. We have a DCO, a DCM, and other licensure from them through FTX.us derivatives and we look forward to continuing to work with them to build out our product suite. We just submitted a 800 page, I believe, proposal to them a few days ago, which we're excited to discuss and we're also happy to talk with other regulators about potential products in the United States. 2:37:00 Rep. Tom Emmer (R-MN): Now it's my understanding that FTX uses surveillance trade technology akin to the technology national Securities Exchanges use to protect investors and ensure sound spot markets. What does this technology and any other tools FTX uses to protect the spot market from fraud and manipulation look like? Sam Bankman-Fried: Yeah. So, you know, like other exchanges, we do have these technologies in addition to the, you know, new customer policies that we can identify individuals associated with trades. We have surveillance for unusual trading activity. We have manual inspections of anything that you know, gets flagged either by the automated surveillance or by manual inspection. And we do this with the trading activity with deposits and withdrawals and everything else. Rep. Tom Emmer (R-MN): Sounds like you're doing a lot to make sure there is no fraud or other manipulation. Thank you Mr. Bankman-Fried, again, for helping us understand the extensive guardrails a cryptocurrency exchange like FTX has in place to ensure sound crypto spot markets for investors. 2:52:30 Rep. Cindy Axne (D-Iowa): Mr. Bankman-Fried, I'd like to start by asking you the first question. FTX.us has a derivatives platform and recently bought ledger x as part of that. Is that correct? Sam Bankman-Fried: Yes. Rep. Cindy Axne (D-Iowa): Okay, thank you. And that platform is registered with the CFTC. Is that correct? Sam Bankman-Fried: Yep. Rep. Cindy Axne (D-Iowa): Okay, perfect. So I just want to clarify something. And this isn't to say anybody's doing any wrong. It's just to get the lay of the land. You also have an exchange for Bitcoin and other tokens, but that is not registered with either the CFTC or the SEC. Is that correct? Sam Bankman-Fried: That's correct. Currently, neither of them are primary markets regulated for spot Bitcoin to USD markets. Rep. Cindy Axne (D-Iowa): Okay, thank you. And I know you're registered as a money transmitter, but that's not the same kind of oversight that we'll see from a federal market regulator. I also sit on the Agriculture Committee, which oversees the CFTC, so a gap like this is especially concerning to me. And the big problem that I see here, from what I understand, is that the CFTC doesn't have regulatory authority for spot trading of commodities, just their derivatives. So that leaves consumers with inconsistent protections, which is a concern that I have. 2:55:00 Rep. Cindy Axne (D-Iowa): Bitcoin, which has almost a trillion dollars invested in it, has CFTC oversight for people who are trading futures and options, but not for people who are trading the currency itself. Is that right? Sam Bankman-Fried: That is essentially correct. Full FTX Superbowl Commercial with Larry David Tom Brady FTX Commercials Steph Curry FTX Commercial Cover Art Design by Only Child Imaginations Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio)

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