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The Dodd-Frank bill gives agency administrators until late January to appoint compliance directors who will develop standards for their agencies.
In a newly created position, a top-level compliance official will be responsible for ensuring that the company abides by the law and will oversee five regional compliance directors based in international markets.
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COLLEGES ALABAMA--Promoted Robbinsobbins from compliance director to senior women's administrator.
Thomas Frazier, the compliance director, is a former Baltimore police chief.
Peter Madoff and his daughter Shana, both lawyers, were chief compliance officer and compliance director, respectively.
His father was until May the compliance director at EarlyBirdCapital, a brokerage firm in Manhattan.
"These young men and young women are representing your institution," said Charlie Just, the compliance director there.
"We expect that number to go up," says David Alito, the I.R.S. compliance director.
Under the agreement, the city will have a say in choosing a compliance director.
THE day after Thanksgiving, Edward A. H. Siedle, a former compliance director at Putnam Investments, received a disturbing phone call.
Its compliance director and the head of the academic advisory committee now do not report to the athletic director but to the university president's office instead.
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