New And Improved Whistleblower Incentives
Corporations have been encouraged by the expectation of leniency from prosecutors in exchange for cooperation. Employees have been encouraged, first by legislation insulating them from retaliation by their employers, and now by the offer of a monetary award for reporting certain types of wrongdoing.
These changes have led, in part, to the U.S. Securities and Exchange Commission filing a record 735 enforcement actions in fiscal 2011, resulting...
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