Under a bounty program established by the Dodd-Frank Act, the Securities and Exchange Commission recently awarded an anonymous whistleblower $14 million for the information they provided. With big money up for grabs, might legal counsel and compliance officers be tempted to leverage their insider status as well-paid tipsters?

Earlier this month, the New York County Lawyers' Association's ethics committee issued an opinion that this is a clear-cut conflict of interest must be avoided. But is the warning, and others that may come from state bar associations, enough to dissuade attorneys? What about compliance officers, who are governed by no such authority? In this week's podcast, we speak to Gregory Keating, co-chair of employment law firm Littler Mendelson's whistleblowing and retaliation practice, about whistleblower trends, an uptick in cases where the informant is either the in-house counsel or compliance officer, and how businesses should address it.

Listen to the podcast. (13 min., 6 MB)

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