The new rules say a whistleblower doesn’t need to report violations internally in order to qualify for a reward.
Maybe we’re old fashioned, but we think employees should be loyal to the companies they work for. All companies have problems caused by dishonest employees. But the ones that work to uncover and fix those problems always grow into better and stronger companies. Course corrections are a sign of health, not a symptom of weakness. Can those internal course corrections happen anymore? We don’t see how.
Read more: Dear Congress: Fix The SEC, Don’t Ruin America’s Companies — FCPA Blog
