Topic
Whistleblower Program
178 published works
The D&O Diary
Is the Dodd-Frank Whistleblower Bounty Program Gaining Momentum?
While the SEC’s Dodd-Frank whistleblower program has drawn significant attention, the fact is that the program has gotten off to a slow start. As of the end of the last…
Corporate and Securities Law
One Tardy Whistleblower Wins SEC Award, One Loses
Proskauer Whistleblower Defense
WSJ: Whistleblowers Claim That SEC Bounty Program Lacks Transparency
By Lloyd B. Chinn, Rachel Fischer
On May 25, 2015, the Wall Street Journal published an article (subscription required) reporting that tipsters have found it difficult to collect financial awards from the SEC after filing whistleblower…
Financial Services Observer
CFTC Picking Up the Pace of Whistleblower Program
By Douglas M. Grom, Douglas E. Arend, Aimee Wildstone
Both the SEC and the CFTC were authorized by the Dodd-Frank Act to reward certain persons for providing information that leads to an enforcement action. Prompted by such a “whistleblower’s”…
Corporate Defense and Disputes
CFTC Whistleblower Awards On The Horizon
In a recent interview with Law360 (subscription required), Chris Ehrman, the Director of the U.S. Commodity Futures Trading Commission’s Whistleblower Office, predicted that the number and size of the CFTC’s…
Regulatory & Compliance Update
SEC Whistleblower Case Challenges Restrictive Language in Confidentiality Agreements
By Holly H. Weiss, Bryan Daly, Marc E. Elovitz
On April 1, 2015, the Securities and Exchange Commission (“SEC”) announced its first enforcement action against a company for using language in a confidentiality agreement that could prevent or deter…
Corporate Defense and Disputes
First SEC Whistleblower Award To Former Company Officer
By Noa Baddish, Steven J. Pearlman
On March 2, 2015, the SEC announced an expected award of $475,000 to $575,000 to a former company officer “who reported original, high-quality information about a securities fraud that resulted in…
Timely disclosure
Feedback sought for the OSC’s Proposed Whistleblower Program
On February 3, 2015 the Ontario Securities Commission (OSC) published Staff Consultation Paper 15-401 Proposed Framework for an OSC Whistleblower Program (Paper). The Paper outlines the OSC’s proposal for an…
Canadian Fraud Law
The OSC Proposes a Framework for a New Whistleblower Program
By Ahmed Shafey
On February 3, 2015, the Ontario Securities Commission (the "OSC") released a staff consultation paper which outlines a proposed framework for an OSC Whistleblower Program. The program seeks to encourage…
Securities Compliance Sentinel
Whistleblower Tips Continue to Rise in 2014
The number of whistleblower tips to the Securities and Exchange Commission (SEC) continues to rise, according to the SEC's 2014 Annual Report to Congress on the Dodd-Frank Whistleblower Program. In…