Corporate Whistleblower News

On June 29, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced proposed amendments that will undermine its successful whistleblower program. The SEC proposed these changes with no input from the whistleblower community, yet adopted a position consistent with the long-standing and flimsy viewpoint advanced by the anti-whistleblower U. S. Chamber of Commerce (“Chamber”). The National Whistleblower Center […]

WASHINGTON, D.C. | JUNE 28, 2018—Today, the Securities and Exchange Commission (SEC) issued a proposed rule to reduce the size of whistleblower rewards in cases in which the U.S. recovers $100 million or more. This proposed rule will discourage high-ranking and well-compensated employees at large financial institutions from blowing the whistle. National Whistleblower Center Executive […]

President Donald Trump and Congressional GOP leaders are now aiming to dismantle the Dodd-Frank Act, and the SEC’s whistleblower program along with it. The SEC’s program, the Office of the Whistleblower is without question one of the most effective whistleblower programs in the country. In a memo, Chairman Jeb Hensarling of the House Financial Services […]

Washington, D.C.  October 12, 2016. The Securities and Commodities Exchange(SEC) announced yesterday that fiscal year 2016, which ended on September 30, 2016, was a record year for SEC enforcement. The agency reached new highs in enforcement in all areas, especially for whistleblowers. The SEC brought the first stand-alone action for retaliation against a whistleblower.  In addition the […]