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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2021-07-30T13:00:00
On “National Whistleblower Appreciation Day,” it’s important to take stock of how far whistleblowing has advanced over the last few years.
Since the idea to designate a day (July 30) recognizing the importance of whistleblowers was unanimously approved by the Senate in 2018, the term has received more mainstream attention than ever before. Late 2019 saw a whistleblower feature prominently at the center of impeachment proceedings for former President Donald Trump. Efforts to bring down high-profile individuals like Harvey Weinstein who were abusing their stature to harm others has no doubt been fueled by individuals willing to speak out against injustice.
Then you have the regulators, who are rewarding whistleblowers at an eye-opening pace. The Securities and Exchange Commission (SEC) has already paid out twice as much in total awards to whistleblowers this fiscal year—$377 million through July 15—than any other year in the program’s nine-year history.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2021-09-15T20:20:00Z By Aaron Nicodemus
The Securities and Exchange Commission surpassed $1 billion in whistleblower awards with the announcement of a $110 million payout to a whistleblower whose independent analysis led to two successful enforcement actions against a company.
2021-03-09T21:30:00Z By Compliance Week
It’s a clean sweep: All five CCOs we spoke with are in favor of U.S. federal data privacy legislation. Read on for the reasoning behind their answers.
2024-12-13T17:55:00Z By Aaron Nicodemus
A U.S. Appeals Court overturned a Securities and Exchange Commission rule that had required companies listed on the Nasdaq stock exchange to disclose whether their boards had women or minority members–and if not, why not.
2024-08-27T14:09:00Z By Adrianne Appel
Two pairs of claimants will receive whistleblower awards totaling more than $98 million and $24 million, respectively, for information they provided to the Securities and Exchange Commission that led to an enforcement action.
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
2024-08-02T14:12:00Z By Aaron Nicodemus
The Department of Justice released the details of its long-awaited corporate whistleblower awards pilot program that will prioritize reporting in areas of corporate crime not currently covered by existing whistleblower programs.
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