• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2020 / July / 21 / More than 33,000 tips, $2.5 billion in financial remedies and $500 million in awards to investors — the SEC’s whistleblower program turns 10 years old today – MarketWatch

More than 33,000 tips, $2.5 billion in financial remedies and $500 million in awards to investors — the SEC’s whistleblower program turns 10 years old today – MarketWatch

By Securities Docket on July 21, 2020, 9:39 am

Tuesday marks the 10th anniversary of the Dodd-Frank Act, the landmark financial-reform legislation passed in the wake of the Great Recession. What we’ve learned during this time is that there’s strong consensus that the whistleblower-rewards provisions are effective in detecting and combatting fraud and conserving limited public resources.

Using financial incentives to motivate potential whistleblowers to take the risk of coming forward has strengthened not only Securities and Exchange Commission (SEC) enforcement, but also corporate-compliance programs. While both the SEC and corporate-compliance programs could do better in investigating and remedying the issues raised by whistleblowers, the SEC whistleblower program is an effective model that should be used by other enforcement agencies.

via More than 33,000 tips, $2.5 billion in financial remedies and $500 million in awards to investors — the SEC’s whistleblower program turns 10 years old today – MarketWatch.

Blog Widget by LinkWithin

Posted in SEC, Top | Tagged Dodd-Frank, Whistleblowers

« Previous Next »

‘Enforcement 40’ for 2020

Securities-Docket_Medium-Rectangle_CaseStudyArrow

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.