SEC whistleblower chief Sean McKessy to depart agency
The SEC announced today that after more than five years as the first-ever chief of the SEC’s Office of the Whistleblower, Sean McKessy plans to leave the agency. McKessy joined the SEC to head up its new whistleblower program in February 2011 and has helped get the program on strong ...
Related articles
-
Article
SEC crackdown on whistleblower ‘pretaliation’ adds a new twist
A recent enforcement action and settlement by the Securities and Exchange Commission makes it clear that companies shouldn’t try to subvert their successful bounty programs for whistleblowers. Joe Mont reports.
-
News BriefFCA fines Monzo digital bank $28 million for AML, KYC failures
Britain’s Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to properly collect customer information and protect against financial crimes. The move is the latest in a series of efforts by British authorities to combat chronic money laundering and other crimes ...
-
PremiumDiscover, in allowing misclassification problem to fester, pushed compliance aside
Federal banking regulators have laid the blame for Discover Financial Services charging merchants $1 billion in excessive credit card fees over 17 years squarely at the feet of company executives.