April 02, 2011
Debating a whistleblower reward program for Canada
The unfounded fear that whistleblower programs hurt internal compliance and disclosure programs now is being raised in Canada following an announcement by the Ontario Securities Commission that it is considering...
December 16, 2010
Will Wall St. undermine SEC whistle-blower program?
Business lobbyists are working overtime to kill the new Securities and Exchange Commission whistle-blower program in a tried-and-true Washington way: Convince the agency to issue regulations that render...
December 14, 2010
Will GOP slow CFTC’s efforts to transform derivatives market?
The Commodities Futures Trading Commission is facing a lot of hurdles, including a lack of resources. But it has been moving quickly to draft rules mandated by the Dodd-Frank law. That law gave the CFTC...
November 22, 2010
Federal investigation confirms what already is clear: Markets aren’t transparent
A Wall Street Journal story about a major federal investigation into inside trading provides additional confirmation of what we have seen based on evidence provided by Wall Street insiders whom we represent...
November 17, 2010
The SEC and CFTC to vastly expand whistleblower program
The Securities and Exchange Commission and the Commodity Futures Trading Commission are working to administer a new whistleblower rule that could provide lottery-sized payouts to informants that provide...
November 17, 2010
British traders and investment bankers to have cell phones recorded
Effective next November, investment bankers and traders in Britain will have their cell phone conversations recorded by their employers, in a move by the Financial Services Authority to prevent and prosecute...
November 09, 2010
SEC fund for whistleblowers totals over $450 million
The Securities and Exchange Commission has established a fund of over $450 million to pay whistleblowers whose information leads to the successful penalization or conviction of companies or individuals...
November 05, 2010
Commodities regulator poised to get tougher
The Commodities Futures Trading Commission (CFTC) has been dismissed as a lackadaisical regulator in the past, but it’s getting more aggressive. Although the CFTC is smaller than the Securities &...
October 18, 2010
Government pursues more foreign bribery cases
The government’s prosecution of cases under the Foreign Corrupt Practices Act has resulted in record-shattering fines and criminal convictions of executives. And it seems as though its use will be...
October 18, 2010
Dodd-Frank whistleblower provisions not popular with corporate directors
A survey by Corporate Board Member of more than 400 board members reveals that they are not huge fans of the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. One...