Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SEC introduces whistleblower 'pretaliation' to financial firm exams

Joe Mont | October 27, 2016

The Securities and Exchange Commission, continuing its crackdown on “pretaliation” strikes against whistleblowers, will now integrate those efforts into its nationwide examination and inspection program for financial firms.

A new risk alert from the Office of Compliance Inspections and Examinations informs registrants that it will include a review of registrants’ compliance with rules impacting whistleblowers and potential whistleblowers that arose out of the Dodd-Frank Act.

The alert describes risks that firms may consider to: assess their supervisory, compliance and/or other risk management systems related to these risks; and make any changes, as appropriate, to address or strengthen those systems. “The adequacy of supervisory, compliance and other risk management systems can be determined only with reference to the profile of each specific firm and...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.