By promising anti-retaliation protection and offering the prospect of significant monetary awards, the U.S. Securities and Exchange Commission whistleblower program incentivizes individuals to come forward in an effort to ferret out securities law violations. While the SEC has touted the program as a success, certain aspects have sparked on-going debate within the legal and business communities. Whether whistleblowers who engaged in culpable conduct should be eligible for monetary awards, as they are now, is one area of contention.
via Should Culpable Whistleblowers Be Eligible for SEC Whistleblower Awards | New York Law Journal.