By
Jaclyn Jaeger2024-04-10T16:48:00
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.
Other agencies’ whistleblower programs, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), are “limited in scope,” Monaco said. “They only cover misconduct within their agencies’ jurisdictions,” she said.
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