By Kait Pararas

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.

Monika Bickert, Facebook’s head of global policy management, repeatedly assured senators about  Facebook’s commitment to remove terror and hate content from its website. In her opening statement, she said: “We don’t allow any individuals or organizations who proclaim a violent mission, advocate for violence, or are engaged in violence to have any presence on Facebook.”

However, a whistleblower working with the National Whistleblower Center filed a petition in January 2019 with the Securities and Exchange Commission (SEC) contradicting this. The petition shows that Facebook not only hosts terror and hate content, but it has also auto-generated dozens of pages in the names of Middle East extremist and U.S. white supremacist groups, thus facilitating networking and recruitment.


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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 has filed information with the Securities and Exchange Commission alleging the company has been overstating amusement park and resort revenue for years.

The SEC didn’t

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.

The House Committee on Homeland Security heard testimony from representatives of Facebook, Twitter, and Google.

“On terrorist content our view is simple: There is no space on Facebook for terrorists,” Monika Bickert of Facebook told the committee.

However, committee chair Bennie Thompson said social media platforms have proven “they were unable to comply” with demands to control content.


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Two weeks after a whistleblower filed an updated federal complaint accusing the network of promoting terrorism, Facebook continues to deal with pressure about questionable content. The details of the complaint to the Securities and Exchange Commission were outlined in an Associated Press story.

https://www.facebook.com/pages/%D9%87%D9%8A%D8%A6%D8%A9-%D8%AA%D8%AD%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D8%B4%D8%A7%D9%85/237269353391307?timeline_context_item_type=intro_caAt issue in the complaint: the network’s failure to limit content designed

Two SEC whistleblowers have been awarded a total of $50 million for exposing conflict-of-interest problems with investment advisors at JPMorgan Chase Bank

The Securities and Exchange Commission announced the awards but did not offer any details of the case. However, lawyers for one whistleblower revealed it involved a 2015 $267 million settlement with the bank.

JPMorgan Chase Bank advisors invested clients’ money in JPMorgan hedge funds and mutual funds without properly disclosing the conflicts of interest, According to the 2015 settlement, some of the funds produced less revenue than other investments.

In an announcement of the award, Jane Norberg, head of SEC’s whistleblower program, wrote that insiders can “be the source of ‘smoking gun’ evidence and indispensable assistance that strengthens the agency’s ability to protect investors and the capital markets.”

One whistleblower won $13 million and the other received $37  million. The SEC announcement noted that the latter award was the third-highest award to date after the $50 million March 2018 award and a September 2018  $39 million award.


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SEC Whistleblower RewardsOn Wednesday, December 12, 2018, National Whistleblower Center (NWC) Executive Director Stephen M. Kohn made a formal presentation to representatives from the U.S. Securities and Exchange Commission (“SEC”) opposing the proposed SEC rule  limiting awards in major fraud cases.  Kohn was joined by NWC Policy Counsel Maya Efrati and NWC Legal Fellow Sarah Khan. The packed room included SEC leadership from the Office of General Counsel, the SEC Whistleblower Office and the Office of the Chairman of the Commission. The meeting lasted for over one hour.
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