The Department of Justice (DOJ) is set to join a growing list of U.S. federal agencies to have a whistleblower reward program in place, but how impactful it will be at generating more white-collar investigations and prosecutions rides on its initial design, according to whistleblower experts.

Last month, Deputy Attorney General Lisa Monaco announced the DOJ will develop and implement a whistleblower reward pilot program within the next 90 days, with a formal start date of later this year.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...