All Whistleblower articles – Page 2

  • Blog post

    CFTC strengthens protections for whistleblower

    2017-05-26T11:45:00Z

    The CFTC is bolstering whistleblower protections. New rule amendments provide enhanced anti-retaliation measures, streamline the reporting process, and better align agency's program with one at the SEC.

  • Blog post

    SEC awards $500K to whistleblower

    2017-05-02T12:15:00Z

    The SEC today awarded a whistleblower more than $500,000 for reporting information that prompted an investigation into misconduct that resulted in an enforcement action. It is the second whistleblower award announced by the SEC in the past week.

  • Blog post

    SEC awards $4M to whistleblower

    2017-04-28T16:00:00Z

    The SEC this week announced that it has awarded nearly $4 million to a whistleblower who tipped off the agency about serious misconduct and provided additional assistance during the ensuing investigation.

  • Blog post

    Whistleblowers at KPMG and Barclays—a contrast in style

    2017-04-17T09:15:00Z

    The recent termination of six KPMG employees for receiving (and failing to report) improper advance information of PCAOB audits stands in stark contrast to actions taken after someone blew the whistle at Barclays Bank. A look at their responses is inside.

  • Blog post

    Barclays CEO didn’t know it was illegal?

    2017-04-11T08:30:00Z

    Barclays CEO James Staley is claiming ignorance, saying he didn’t know it was inappropriate to attempt to unmask the identity of an anonymous corporate whistleblower and is now facing the consequences.

  • Article

    The compliance side of the circuit split on whistleblower protections

    2017-04-04T12:15:00Z

    An ongoing legal dispute over how far whistleblower protections extend beyond Dodd-Frank provisions highlights that best practices are already a few steps ahead of the law.

  • Blog post

    New foundation to protect sports whistleblowers

    2017-03-19T12:00:00Z

    A venture capitalist, a former United States federal prosecutor, and an Olympic gold medalist have formed a non-profit foundation, Fair Sport, to help mitigate risk for whistleblowers in the wide, wide world of sports.

  • Blog post

    SEC: BlackRock removed whistleblower incentives

    2017-01-19T10:30:00Z

    Without admitting or denying the findings, asset management BlackRock agreed to pay a $340,000 penalty to settle charges that it improperly used separation agreements in which exiting employees were forced to waive their ability to obtain whistleblower awards. Jaclyn Jaeger reports.

  • Blog post

    Disparaging a speak-up culture

    2017-01-16T09:45:00Z

    Tom Fox explores the recent case of JPMorgan Chase when an employee’s former manager added material to a terminated employee’s file post termination to beef up the excuses for the termination. Not a good sign, says Fox, and possibly a sign of an ineffective compliance program.

  • Blog post

    SEC issues $5.5 million whistleblower award

    2017-01-09T12:45:00Z

    The SEC has awarded more than $5.5 million to a whistleblower who provided critical information that helped the SEC uncover an ongoing scheme. Jaclyn Jaeger reports.

  • Blog post

    U.S., U.K. and German law firms team up to help whistleblowers

    2016-12-22T13:45:00Z

    New York law firm Meissner & Associates and two European law firms—Naegele and London-based Brahams Dutt Badrick French—have teamed up to launch a first-of-its-kind collaborative platform to help Europeans call out financial wrongdoing and benefit from U.S. whistleblower laws.

  • Article

    SEC enforcement trends to watch in 2017

    2016-11-29T11:30:00Z

    Jaclyn Jaeger recaps a record-breaking year for SEC enforcement activity, and what to expect in the year ahead.

  • Blog post

    SEC introduces whistleblower 'pretaliation' to financial firm exams

    2016-10-27T15:15:00Z

    The Securities and Exchange Commission's hunt for whistleblower “pretaliation” will now be a part of its nationwide examination and inspection program for financial firms.

  • Article

    New OSHA guidelines take aim at whistleblower ‘gag’ provisions

    2016-10-18T10:45:00Z

    For companies seeking to settle with OSHA, getting rid of any internal provisions that stifle whistleblowing is a must. Jaclyn Jaeger reports.

  • RainingCash
    Blog post

    Wells Fargo CEO forfeits $41M; DOL launches labor law investigations

    2016-09-28T12:15:00Z

    The latest developments in the ongoing Wells Fargo scandal: clawbacks, including a $41M hit for CEO John Stumpf; a Department of Labor investigation; and a new class-action lawsuit. Joe Mont has more.

  • Blog post

    SEC’s Ceresney on the role of whistleblower attorneys

    2016-09-15T14:30:00Z

    In a speech this week, SEC Enforcement Director Andrew Ceresney addressed the role that the attorneys representing informants can play in the process, including managing expectations, producing corroborating materials, and helping to ensure post-enforcement confidentiality. Joe Mont has more.

  • Blog post

    CFTC wants to beef up whistleblower incentives

    2016-09-08T21:45:00Z

    The Commodity Futures Trading Commission is looking to beef up its enforcement efforts with proposed amendments to its whistleblower rules. The move comes, says Joe Mont, as the SEC’s whistleblower bounty program recently surpassed the $100 million mark.

  • Article

    SEC crackdown on whistleblower ‘pretaliation’ adds a new twist

    2016-08-16T05:30:00Z

    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.

  • Blog post

    SEC fines company for anti-whistleblower severance deals

    2016-08-10T13:15:00Z

    With a warning to companies that rely upon severance agreements, the SEC has settled with an Atlanta-based building products distributor over allegations it violated securities laws by requiring outgoing employees to waive their right to monetary recovery if they filed a whistleblower complaint. Joe Mont reports.

  • Blog post

    SEC whistleblower chief Sean McKessy to depart agency

    2016-07-08T14:15:00Z

    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 ...