In response to a Freedom of Information Act (FOIA) request filed by Whistleblower Network News and the National Whistleblower Center (NWC), the U.S. Securities and Exchange Commission (SEC) has released the 1034 pages of documents that served as the basis for recent articles attacking the SEC Whistleblower Program.
In July and August, Bloomberg Law and University of Kansas Professor Alexander Platt published separate articles critiquing the SEC’s highly successful whistleblower award program. Bloomberg and Platt claimed that the documents released by the SEC in response to their FOIA requests revealed that the program is shrouded in secrecy and favors a small group of law firms with connections to the agency.
WNN’s investigation into the FOIA documents reveals that these allegations unfairly criticize the Commission’s whistleblower program.
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