Ethicast

Ethicast

Ethicast is the official podcast of Ethisphere, helping clients build a legacy of ethical value that drives business success, showcasing the latest insights from ethics and compliance thought leaders around the world each week because doing business the right way, is the right thing for business.

  1. -2 J

    When Every Secret Becomes a Wager: Insider Risk in Prediction Markets

    Prediction markets promise a sharper read on the future. But recent stories raise a darker question: what happens when traders are not predicting events, but exploiting confidential information or manipulating the inputs that settle the bet? In this episode, Erica and Bill examine alleged classified-information betting tied to a Venezuela military operation, suspected weather-sensor tampering in Paris, and a college football gambling scandal to unpack the ethics and compliance risks now surrounding prediction markets, from insider information and fraud to oversight, trust, and institutional integrity. For those who are not aware, prediction markets work like a hybrid between investment markets and prop betting. "Investors" buy shares in the yes-or-no or A-or-B outcome of a projected uncertainty: Will Finland or Greece win the 2026 Eurovision contest? Will the Fed change interest rates in June? Will traffic in the Strait of Hormuz return to normal by May 15? Will Tottenham Hotspur be relegated at the end of the 2025-2026 English Premier League? And so on. Prediction markets have been around for a while, but they have exploded in betting volume in recent years. And on a more troubling note, they increasingly appear to provide an avenue for the improper use of inside information as well as a vector for fraud, cheating, and other undesireable outcomes. NEWS LINKS - MADURO RAID U.S. soldier accused of betting on Maduro operation pleads not guilty https://www.nbcnews.com/news/us-news/us-soldier-accused-betting-maduro-operation-pleads-not-guilty-rcna342586 Special forces soldier who won $400,000 betting on Maduro's capture pleads not guilty https://abcnews.com/US/special-forces-soldier-won-400000-betting-maduros-capture/story?id=132442898 US soldier pleads not guilty to charges of gambling on Maduro ouster https://www.reuters.com/legal/government/us-soldier-accused-gambling-maduro-removal-due-court-2026-04-28/ U.S. Senators Now Prohibited From Trading on Prediction Markets https://www.wsj.com/politics/policy/senators-vote-to-ban-themselves-from-trading-on-prediction-markets-ae4535dd NEWS LINKS - CHARLES DE GAULLE AIRPORT Polymarket just paid out $21,398 on a $119 weather bet — after a Paris airport sensor spiked 6°C in seconds https://finance.yahoo.com/markets/options/articles/polymarket-just-paid-21-398-153000011.html France investigates suspected tampering with weather sensors after Polymarket bets https://www.cnn.com/2026/04/23/europe/france-weather-sensor-polymarket-bet-intl-latam French police probe suspected weather device tampering after odd Polymarket bet https://www.npr.org/2026/04/23/nx-s1-5797876/polymarket-paris-weather-bet The prediction-market gold rush is here — and the shenanigans are getting messy https://www.businessinsider.com/prediction-market-event-analysis-outlook-polymarket-insider-trading-market-manipulation-2026-4 Polymarket reportedly seeking CFTC approval to reopen ma... Chapters (00:04:30) - How the Maduro Raid shows that every organization has insider information risk(00:11:00) - How insider trading can become a fraud risk...and worse(00:18:20) - How the temptation of insider trading creates a sports integrity issue

    29 min
  2. 27 AVR.

    How E&C Leaders Can Turn AI From Hype Into Practice

    Artificial intelligence is no longer a future-state issue for ethics and compliance teams. It is already reshaping how programs manage training, reporting, risk assessment, monitoring, measurement, and operational decision-making. In this episode of The Ethicast, host Bill Coffin speaks with Roxanne Petraeus, Co-Founder and CEO of Ethena, and Dianne Ramos, Head of Ethics at Guardian Life Insurance, about how ethics and compliance leaders can move AI from experimentation into practical, responsible use. Roxanne and Dianne recently led the “Prompt to Practice: A Hands-On Workshop for the AI-Curious CCO” breakout session at the 2026 Global Ethics Summit, and they bring a practical, field-tested perspective to one of the most urgent questions facing today’s chief ethics and compliance officers: how can E&C teams adopt AI quickly, responsibly, and in ways that actually improve program performance? This conversation covers how to build AI fluency, create safe space for experimentation, engage leadership and key stakeholders, measure ROI, and lead teams through the cultural change that AI adoption requires. In this episode, you’ll learn: Why ethics and compliance teams should begin experimenting with AI now, even if they are still early in their journey How to distinguish between AI tools that are ready for operational use and those better suited for learning and experimentation Why leadership support, legal, risk, privacy, security, and compliance alignment matter when introducing AI How to measure the impact of AI on cycle time, error rates, rework, costs, and program maturity Why AI ROI should include both time savings and new capabilities that were not previously possible How E&C leaders can bring teams along through change without creating fatigue, disengagement, or quiet resistance To learn more about Ethena’s AI-driven compliance tools, visit goethena.com. To learn more about Guardian Life, visit guardianlife.com. To learn more about Ethisphere’s research on AI in ethics and compliance, visit ethisphere.com and download AI in Ethics & Compliance: Risk to Manage, Tool to Leverage. Subscribe to The Ethicast on YouTube, Apple Podcasts, and Spotify for more conversations on ethics, compliance, corporate integrity, and the future of business leadership. Chapters (00:02:13) - How E&C teams can catch up on AI adoption(00:04:33) - What is ready for prime time versus what is still experimental(00:07:01) - How to operationalize AI in regulated or resistant organizations(00:09:18) - Why measurement matters for AI in ethics and compliance(00:12:23) - Lessons learned from real AI implementation(00:15:51) - Resources and closing

    17 min
  3. 15 AVR.

    Driving Compliance Excellence Through Culture

    In the highly regulated world of financial services, running a top-notch ethics and compliance program is table stakes for maintaining one's ability to do business at all. But Principal Financial Group recognizes that this goes deeper than merely abiding by regulatory expectation. By maintaining high ethical standards and reinforcing the understanding of (and adherence to) its Global Code of Conduct, related policies, and legal and regulatory requirements across the organization by delivering education, training, and conducting risk assessments, Principal has earned the coveted Compliance Leader Verification designation through 2026 from Ethisphere. In this episode, Noreen Fierro, Senior Vice President, & Enterprise Chief Ethics & Compliance Officer of Principal explains how the company maintains its best-in-class ethics and compliance program by keeping culture at the center of it. To learn more about the great work that Noreen and her colleagues are accomplishing at Principal, please visit their Governance, Ethics, & Risk page at https://www.principal.com/sustainability/governance-ethics-risk  To learn more about the Compliance Leader Verification program, and to see how well your ethics and compliance program compares to your peers, visit https://www.ethisphere.com/solutions Chapters (00:02:42) - How a long-term focus on consistent, recurring culture measurement helps to position Principal's E&C team as a trusted strategic advisor within the organization(00:05:04) - Developing an organizational skillset around measuring, analyzing, and improving your overall culture has helped you to meet business units “where they live"(00:09:06) - How other organizations with integrated models can apply Principal’s approach to advancing culture

    13 min
  4. 8 AVR.

    How Leidos Gives Back to the Ethics Community

    The Business Ethics Leadership Alliance (BELA) is a global ethics & compliance community that provides exclusive access to helpful data, benchmarking, events, and other resources to advance your E&C program.   Each year, BELA honors select member companies and individual ethics and compliance leaders for their extraordinary commitment to advancing community engagement, growth, and transformation. These are the BELA Impact Awards, and they reflect BELA’s own dedication to moving the integrity agenda forward for all companies.   In particular, the BELA Community Champion award recognizes outstanding contributions to the member community by way of content resources, event participation, publications, mentorship, or peer-to-peer support.   This year, BELA recognizes American defense, aviation, information technology, health services, and medical research company Leidos—which has also been a World's Most Ethical Companies honoree since 2018—as one of its BELA Community Champions.   With us today to discuss how Leidos earned this award—and how the organization exemplifies the credo that there is no competition in compliance—is Jelahn Stewart, Chief Compliance Officer, Senior Vice President and Deputy General Counsel at Leidos, where she oversees the organization’s global ethics, compliance, and business integrity functions.  Leidos Ethics & Business Integrity page: https://www.leidos.com/company/ethics-and-business-integrity Learn more about BELA: https://www.ethisphere.com/bela Chapters (00:02:16) - How BELA resources help Leidos achieve their ethics and compliance goals(00:05:16) - How BELA Roundtables provide a forum for E&C leaders to share information and best practices(00:07:17) - On sharing resources to the BELA Member Hub and how Leidos gives back to the E&C community(00:10:26) - Recommendations for contributing a policy or asset to the BELA member hub

    16 min

À propos

Ethicast is the official podcast of Ethisphere, helping clients build a legacy of ethical value that drives business success, showcasing the latest insights from ethics and compliance thought leaders around the world each week because doing business the right way, is the right thing for business.

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