FCPA Whistleblower Bounty May Turn Tide For SEC Program

Law360, New York (August 20, 2013, 6:09 PM ET) -- The U.S. Securities and Exchange Commission’s new whistleblower program has yet to receive an influx of Foreign Corrupt Practices Act tips as many had predicted, but the chief of the program and other experts said just one large bounty in a bribery case could change everything.

In April 2010, a few months before the whistleblower office was created with the passage of the Dodd-Frank Act, Morgan Lewis & Bockius LLP said in a client memo that the law was “likely to greatly increase the number of...
To view the full article, register now.