As a former SEC attorney with more than a little experience in whistleblower matters, I suspect I will soon learn, in connection with filing a whistleblower complaint on the above mentioned billion-dollar retirement scam, whether or not the SEC is truly monitoring tips that pose imminent harm to investors. But the larger point is, for the moment—until the so-called partial government shutdown ends—whistleblowers cannot be certain their complaints are being fully, professionally acted upon by the SEC.
That’s perilous for whistleblowers, investors and the nation.
via Billion-Dollar Retirement Scam: Who Ya Gonna Call? SEC, CFTC?.
