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On June 29, 2018 the U.S. Securities and Exchange Commission (SEC) announced proposed amendments that undermine the rules governing its successful whistleblower program. National Whistleblower Center (NWC) has issued an action alert urging commentary on these proposed amendments. The SEC proposal puts caps on rewards related to cases resulting in $100 million or more in fines. This removes the incentive to blow the whistle on large corporations committing fraud, and consequently will allow large corporate…
A review of 100 recent Act to Prevent Pollution from Ships (APPS) prosecutions available on Public Access to Court Electronic Records (PACER) sheds light on the bipartisan support for the whistleblower provisions in combating ocean pollution. From President Clinton, to Bush, to Obama, and now to Trump, law enforcement has continued to utilize whistleblowers as a crucial components of APPS enforcement. The data shows that rewards were given to whistleblowers during both Republican and Democratic…
This is a multi-part series on the Whistleblower Protection Blog covering the Wildlife Conservation and Anti-Trafficking Act of 2018.  Whistleblowers are a key component of fighting fraud and corruption. From securities to regulations to wildlife trafficking, whistleblowers help report, investigate, and prosecute those who fail to follow the rules. The National Whistleblower Center has more than 30 years of history advocating for whistleblowers and strongly supports the Wildlife Conservation and Anti-Trafficking Act of 2018 (H.R. 5697), a…
Today, we expect Wall Street to be as much a part of the community as Main Street. For corporations with social responsibility commitments and investor groups with social responsibility mandates, whistleblowers are a crucial force for compliance. Whistleblowers ensure that businesses play by the rules, including those that they’ve set for themselves, as part of their social responsibility commitments. As the number of whistleblower claims rise, both in quality and scope, the potential impact of…