Helane Morrison Forging Financial History
A recent article in the Mississippi Business Journal discussed the growing importance of the position of compliance officer within three pivotal and heavily regulated industries in Mississippi and the rest of the United States. Simply stated a compliance officer advises the company he or she works for about possible infractions and violations of state and federal rules and how to avoid being in violation. Knowledge of these laws governing these highly controlled businesses is essential. Read the full article here: Compliance Officer can fix fraud. Those three industries described in the article that have an urgent need for watchdogs are insurance, investment, and legalized gambling. Now that legalized gambling has become popular, the state must tightly control its operation to make sure it is run honestly and does not become a tool of organized crime, which controls the illegal gambling in America. The insurance industry by its enormous size and the large payouts it must distribute when disaster strikes must be backed up by state and federal agencies that must also regulate its operations. The investment industry has for decades been suspected of insider trading and unscrupulous dealings and has the greatest need for compliance regulation. The Securities and Exchange Commission was founded in 1934 shortly after the collapse of Wall Street that ushered in the Great Depression. The SEC is the federal government agency controlling all firms working in the financial arena in the United States of America.
Trained as an attorney, she began work for the SEC and rapidly rose through the ranks and became in charge of the San Francisco branch of the organization. After her many years of service for the SEC, Helane was appointed as an officer of Hall Capital Partners, LLC. There, she was named as Chief Compliance Officer, and it is her duty to keep Hall Capital operating within the bounds that she is so fully aware of having served in the SEC.
Helane Morrison is proving by her commitment to honesty and to her work as a compliance officer that great changes are truly possible in this world.