Category Archives: Inspiring Story

Meet Helane Morrison, And Her Amazing Career As A Compliance Officer

They say behind every successful man there is a woman. I say behind every successful woman, there is a hardworking, determined and smart heart and mind. Helane L. Morrison is a very successful woman in the business world. She currently holds different positions in Hall Capital Partners LLC where she joined in 2007. These positions include Managing Director, General Counsel, and Chief Compliance Officer. She also serves as a member of Executive Committee of this firm. It is not easy to find a woman with such credits in the business world. She has also served as the head of the San Francisco Office under the U.S. Securities and Exchange Commission also known as SEC for around 8 years. She was Regional Director and District Administrator tasked with checking on securities enforcement, litigation, and regulatory matters in the extensive northern California region. 

Helane Morrison used to previously practice law in San Francisco. Here she honed her career under a law firm known as Howard, Rice, Nemerovski, Canady, Falk & Rabkin for nearly ten years during which she also became a partner. She mainly practiced on business litigation, private securities actions and SEC matters where she acquired a lot of experience that came to help her later in life. Later she moved to private practice. She currently serves as a board member of different organizations. These organizations include Regional Parks Foundation and Hedge Fund Subcommittee of the American Bar Association. She also holds talks on legal issues of affecting compliance issues.

Her career as a compliance officer is what brought her so much fame. Since she was a lawyer, it was easy for her initiate enforcement actions as she understood the “Compliance Rule.” This rule is also known as the 206(4)-7 of the Investment Advisers Act; it states that all registered investment advisers have to adopt and implement all written policies and procedures in order to evade instances of violation of rights and privileges of their clients.

Most enforcement officers view this act as difficult to work with. This is because it prevents most of the compliance officers working for investment firms to do their work as they are supposed to. Most compliance officers feel that the freedom in this act leaves most personnel with a lot of freedom that affects their workmanship. If guidelines were put in place to guide how this sector conducts itself to avert the problems that chief compliance officers may face in future.

Even with guidelines in place, some freedom is due to be left for compliance officers. Those tasked with checking on enforcement should consider how the firm performs investment wise. The risks involved and the impact of risks should be analyzed by the Commission concern. All this should be taken into account in the streamlining of compliance and enforcement industry.

Source:
http://www.bloomberg.com/research/stocks/private/person.asp?personId=38982933&privcapId=1746886&previousCapId=1746886&previousTitle=Hall%20Capital%20Partners%20LLC

Yeonmi Park Stands in North Korea’s Way

When you first set eyes on Yeonmi Park you probably think of a small porcelain doll. The 21 year old North Korean defector is a tiny figure with an angel like glow and a hesitant, soft voice. Everything in her countenance is a response of, and the opposite, of what she had to endure in North Korea. She imparts a notion of gentleness that seems so at odd with the world she came from. It’s this peaceful looking woman that is using her past and her voice to oppose the oppressive regime that rules her home country. Yeonmi Park is as close to a real life Katniss from ‘The Hunger Games’ as we will ever see. The plan was never for Yeonmi Park to gain notoriety or any sort of fame. All the refugee had wanted to do was share her experience at the One Young World Summit. Of course she wanted to be heard, but she didn’t want to become an icon — not Park. But that’s now the world we live in. Instead, her passionate and emotional speech quickly went viral on Twitter. Soon people all over the world were falling in love with the young girl who survived so much. Before she knew it she was standing opposite of Kim Jong Un and challenging him with her words. Let’s take a look at how park described growing up in North Korea and we’ll let you judge the impact of her statements. In many of the more civilized places on the planet we like to think that the citizens of North Korea are somehow exaggerating the strength of the Kim Jong Un regime. How could any amount of people stand by and let someone so completely oppress them? Unfortunately, the roots of this oppressive regime go deep. Park leaped right into it at the Summit, first talking about her childhood. She was raised to believe that even the birds and the bees could hear her whispers and somehow report back to Kim Jong Un and the rest of the regime. Citizens so feared being outed by the government, or their fellow man, that speech itself was a rather reluctant commodity. An oppressive regime is one thing, but an oppressive regime that is also violent a different beast entirely. Singing, unique clothing, and Hollywood movies were expressly forbidden to the citizens of the country. Park detailed¬† on BBC how she watched her friend’s mother executed for being caught watching a Hollywood film. Park herself admits that she didn’t know what the outside world was like until she saw her first movie, which happened to be ‘Titanic’. She fell in love with the romance and the freedom and the hope and eventually that kernel of hope would grow, but not for awhile yet. In any case, Park’s long and harrowing story is best heard straight from her own soft spoken, halting English. What we can take away from her horror story is that there is a world of people out there suffering, and they need the help of people like Yeonmi Park.