This week, the U.S. Securities and Exchange Commission (SEC) captured headlines when it announced it is awarding a record $30 million to a whistleblower for reporting a major fraud. While I applaud the enforcement action, those of us in the risk and compliance profession are alarmed by how little we know about what must be an important case. It is all jaw-dropping announcement with no guidance or learnings for those organizations who want to get it right.
via SEC’s Secret $30 Million Whistleblower Case Won’t Improve Corporate Behavior — Forbes
