In the News

Blow the whistle on financial fraud, earn valuable rewards. The Securities and Exchange Commission approved rules Wednesday that could make it highly lucrative for Wall Street whistleblowers and other corporate insiders to alert the agency to securities violations. The agency was acting at the behest of Congress and President Obama, who mandated the rewards last […]

The Securities and Exchange Commission’s new whistleblower program is attracting far fewer snitches than expected despite richer rewards to entice tipsters to come forward, The Post has learned. The corporate watchdog has received just 168 complaints alleging corporate fraud in the first 6½ months of the program’s existence, according to data the SEC provided to […]

WASHINGTON — When insider-trading scandals plagued the financial markets in the late 1980s, lawmakers created a bounty program for whistle-blowers, allowing regulators to reward tipsters who uncovered evidence of manipulation. The effort largely failed, in part because the issue of whether to make a reward payment was left to the discretion of regulators. In 20 […]

On November 10, 2010, the Commodity Futures Trading Commission (CFTC) proposed rules to implement the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 23 of the Commodity Exchange Act. This follows proposed rules issued by the Securities Exchange Commission (SEC) on November 3, 2010 implementing the Dodd-Frank whistleblower provisions amending […]