Dodd-Frank Whistleblower Provisions are Attracting Increased Submissions to Government regulators
- March 20, 2012 by Qui Tam
- Federal False Claims Act
The Financial Times reports that the new SEC and CFTC whistleblower provisions of the Dodd-Frank law of 2010 has caused an increase in reliable tips to federal regulators. Sean McKessy, head of the SEC Whistleblower Office indicated that the SEVC has received a number of tips with signs of reliability either because they are coming from someone working at the company or there is a sufficient amount of specificity.
For more information, please see:
http://www.ft.com/intl/cms/s/0/15e5a89c-6a27-11e1-b54f-00144feabdc0.html?ftcamp=published_links/rss/companies_us/feed//product#axzz1p71Sp0SW