Category Archives: Women in Business

Helane Morrison: Safeguarding the financial industry and Enforcing Compliance

Helane Morrison has become a name to be reckoned in the financial industry. Stepping into the shoes of a male dominated compliance world, Helen’s work has lead to the better performance of the SEC. She has been able to police the financial sector with her strategies that have been critical to their functioning. In this post, Helena offers some basic insights into the working of the financial sector and how significant development over the years have helped reduce the red tape involved in dealing with financial institutions:

 

Corruption and fraud

The financial crisis of 2007-2009 exposed widespread corruption with many reputable businesses almost coming to crumbling points who were then forced to seek bailouts from governments. These developments hampered the trust of the general public from the financial institutions. Compliance officers had a busy time during this period that exposed falsified records, underhand dealing and high rate of frauds.

 

Lack of trust

People have got cautious investing their hard earned money in the financial sector due to the scandalous history the financial sector has had over the years. The increased inflation and the inability of salaried class employees not being able to support retirement plans and finance the education of their children have started a trend of recent investments again but this is being done without consulting financial institutions. These institutions need to gain back the trust of the people again. The financial sector needs to carry out intensive investment research and address these issues in a significant manner.

 

About Helane Morrison

Helane Morrison is a seasonal speaker on compliance and legal matters arising out of investment advisories. She is a member of the Hedge Fund Subcommittee of the American Bar Association. Currently, she is the Managing Director and Chief Compliance Officer of Hall Capital Partners LLC joining the firm back in the year 2007. Helane Morrison is also the member of the Board of the Regional Parks Foundation.

 

Prior to joining the firm, Helane was working for the SEC as the Regional Director and once as a District Administrator. She headed the San Francisco branch and was responsible for securities enforcement, litigation and regulatory matters in Northern California and five other northwestern states. In her capacity, she represented the SEC in legal, financial communities, government agencies, and news media. She practiced law at the San Francisco Law firm Howard, Rice, Nemerovski, Canady, Falk and Rabkin for a brief tenure wherein she earned her status as a partner. Her focus at the firm was business litigation and defense of private securities actions. She earned a J. D from the University of California at Berkeley, School of Law. Apart from her law career, Helane also has a degree in Journalism which she finished at the Northwestern University.