» SEC Whistleblower

On average, there is a $450 billion annual gap between the taxes that are owed to the federal government and the taxes that are actually paid. In theory, those who help the government find those who cheat on taxes and contribute to the shortfall shou… Read More

High-level cooperation and coordination among several government enforcement agencies paved the way toward an unprecedented joint federal-state settlement related to abusive practices by mortgage servicers. A $25 billion agreement with Bank of Americ… Read More

The new Securities and Exchange Commission’s Office of the Whistleblower opened on August 12, 2011. The new office is responsible for fielding tips received from whistleblowers, enforcing SEC rules and supporting the SEC in determining awards f… Read More

The Dodd-Frank Wall Street Reform and Consumer Protection Act established a whistleblower program to be adopted by the Securities and Exchange Commission (SEC). Specifically, section 922 of the Dodd-Frank act amended the Securities Exchange Act of 19… Read More

During the summer of 2008, a move by Federal prosecutors that was not publicized much outside of the legal community, led to newly relaxed guidelines for charging corporations with crimes. Not surprisingly, these new rules were good news for banks an… Read More

Final rules regarding the whistleblower provisions of the Dodd-Frank Act have been released by the U.S. Securities and Exchange Commission. The rules are effective as of August 12, 2011 and will apply retroactively to whistleblower tips made since Ju… Read More

The “too-big-to-fail” problem is defined as the government using taxpayer dollars to rescue “systemically important” banks. Federal Reserve Chairman Ben Bernanke said that regulatory reform would fail if it did not contemplate… Read More

The Securities and Exchange Commission (SEC) has approved rules that will entitle whistleblowers to receive 10 to 30 percent of the money they help the SEC collect through enforcement actions. The SEC has rejected requests by business groups to requi… Read More