February 11, 2016
SEC whistleblower reward decision comes after 3-year wait
A whistleblower who sued the Securities and Exchange Commission over its lengthy delay in resolving the application for an award got an answer from the SEC before the court could rule in the lawsuit....
January 29, 2016
Whistleblower protection amendment passes Senate committee
The Senate Judiciary Committee unanimously approved an important amendment to the Defend Trade Secrets Act on Thursday that could make a big difference for future whistleblowers. The amendment, co-authored...
January 26, 2016
Whistleblower protection law in India is weak, remains unenforced
The Whistleblower Protection Act of 2011, India’s signature law aimed at rooting out corruption, could finally come into force this year if it clears some key procedural hurdles in India’s Parliament....
January 15, 2016
SEC whistleblower award goes to company outsider
The Securities and Exchange Commission announced Friday that a $700,000 whistleblower award was paid to an industry expert whose “detailed analysis” lead to a successful enforcement action....
December 21, 2015
British court rejects ‘Everybody does it’ as grounds to overturn Libor manipulation conviction
A British appeals court today upheld the conviction of Tom Hayes, a former UBS Group AG and Citigroup Inc. trader, for manipulating Libor and made clear that “everybody does it” is no excuse...
December 02, 2015
SEC is ramping up its investigation of pre-IPO trading
The Securities and Exchange Commission is starting to take a closer look at rapidly growing private companies and the brokerage firms who help them trade their private stock almost entirely away from the...
December 02, 2015
CFTC Inspector General will review agency’s whistleblower program
An internal audit into the Commodity Futures Trading Commission’s whistleblower program will be restarted after it took a seat to other priorities last year, according to a report from the agency’s...
November 17, 2015
SEC whistleblower program report shows continued success
The Securities and Exchange Commission’s Office of the Whistleblower received nearly 4,000 whistleblower tips from every state and 61 different countries in the past year, according to a new report from...
November 13, 2015
Financial reporting fraud grabs SEC attention
The Securities and Exchange Commission’s recently released annual reporton enforcement activity shows that its efforts to ramp up enforcement of financial reporting fraud are getting results. The SEC...
October 30, 2015
One analyst per 5,000 ratings = $6M SEC settlement for DBRS
The Securities and Exchange Commission this week yanked away the curtain at DBRS, a credit-ratings agency, and revealed that the firm employed only one analyst to conduct the majority of surveillance tasks...