In a rare move, the Securities and Exchange Commission has awarded a corporate compliance official nearly half a million dollars for reporting irregularities within his or her own company.
The
Continue Reading SEC Announces Rare Reward to Internal Compliance Whistleblower
Stanley Sporkin, who successfully lobbied Congress to pass the Foreign Corrupt Practices Act in 1977, died on Monday at the age of 88.
As the Chief Enforcement Officer of the
Continue Reading In Memoriam: Judge Stanley Sporkin, the Grandfather of the Foreign Corrupt Practices Act
The Securities and Exchange Commission (SEC) awarded over $2 million to whistleblowers in the past two days, reflecting the strong whistleblower provisions in the Dodd-Frank Act.
One whistleblower was awarded
Continue Reading SEC awards whistleblowers more than $2 Million
Today, the Securities and Exchange Commission (SEC) announced a whistleblower award of $7 million given to an individual who provided information and assisted in an investigation.
The whistleblower award came
Continue Reading SEC Awards Whistleblower $7 Million for Assisting in Investigation
In its annual 10-K filing, Mattel Inc. recently revealed that it received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding a whistleblower letter the toymaker received last
Continue Reading Mattel Receives Subpoena after Investigation into Whistleblower Letter Reveals Violation of SEC Rules
The chairman of the Securities and Exchange Commission (SEC) said Friday he does not want to put a “cap” on awards to SEC whistleblowers.
Continue Reading SEC reconsidering proposed rules on whistleblower awards?
On Wednesday morning, the U.S. Senate Committee on Commerce, Science, and Transportation held a hearing on mass violence, extremism, and digital responsibility. The purpose of the hearing was to examine the proliferation of extremism online and examine the effectiveness of social media companies’ efforts to remove violent content from their platforms. The senators heard from representatives of Facebook, Twitter, Google, and the Anti-Defamation League.
Continue Reading Facebook is still auto-generating terror and hate content
Big companies cooking the books seems to be a theme in the news this week, with the latest accusations coming from a former Disney employee. Sandra Kuba tells MarketWatch she
Continue Reading Whistle (blowing) while you work
Social media executives testified on Wednesday that they are determined to keep terrorist content off their sites, but the members of Congress who summoned them had doubts.
Continue Reading Social media execs want terrorist content off their sites. Lawmakers see little progress
Whistleblower programs are “an important check on a firm’s compliance,” according to a survey of nearly 200 “financial services executives.”
Continue Reading Survey: Whistleblower programs aid financial compliance, but some efforts fall short