Companies generally try to avoid attracting the attention of regulators, especially when they’re in a heavily scrutinized industry. So when Daniel Yanisse, co-founder and CEO of the background-check platform Checkr, decided to ask for a meeting with the Federal Trade Commission, his outside counsel was less than thrilled.

“Our outside counsel took me aside and told me I was crazy to proactively go to regulators, because it’s a dangerous thing to do and businesses don’t do it. They come to you, and you don’t want to be on their radar,” he said. “Initially, she was not very excited about my idea to connect with the regulators and explain what we do to them.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]