Is Your Vendor Blowing The Whistle?

Law360, New York (October 20, 2011, 2:35 PM EDT) -- While much attention has focused on how the new Dodd-Frank whistleblower rules will impact the effectiveness of internal compliance programs and employer-employee relationships, the new rules pose a potentially greater threat from certain essential third-party vendors that have access to confidential company information.

Many companies use third-party vendors to monitor employee hotlines. Others regularly engage third parties to conduct or participate in Foreign Corrupt Practices Act due diligence, in connection with retaining agents or merging with or acquiring another company. In certain special industries, companies retain...
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