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...
October 10, 2010
Securities fraud whistleblower exposed Ponzi scheme
The story of a stock trader who went undercover to help the FBI expose a Ponzi scheme shows some of the problems that have confronted the government even when it knows that a fraud is occurring. Ty Schlobohm...
September 14, 2010
Whistleblowers still SEC’s best weapon against fraud
While the exchanges bicker over the cost of implementing real-time market tracking systems (“Charges Bring SEC Hope for New Weapon,” Wall Street Journal, Aug. 30), on-the-ground whistleblowers remain...
September 07, 2010
A toothless watchdog? Federal courts speak up when the SEC refuses
There’s a remarkable new trend in federal courts: Judges are refusing to rubber stamp deals federal agencies have worked out with financial industry defendants. Is this a sign of things to come? The...