SEC Names New Deputy Chief of Whistleblower Office
On January 17, 2012, the Securities and Exchange Commission announced Jane A. Norberg, as the Deputy Chief of the Office of the Whistleblower, responsible for oversight of the agency’s whistleblower program. The Office of the Whistleblower ensures that whistleblower complaints are handled appropriately and makes recommendations to the SEC regarding whether an individual is eligible for an award. Ms. Norberg joins the SEC after 14 years of experience at both her own law firm and at Sherman & Sterling. In these capacities, Ms. Norberg provided legal advice to major public corporations regarding executive compensation disclosure, corporate governance issues, and other securities laws matters. Ms. Norberg also served as a Special Agent for the U.S. Secret Service where she planned, organized, and conducted investigations of various federal crimes, including telecommunications and bank fraud, counterfeiting of U.S. currency, and forgery of checks and bonds. Ms. Norberg graduated cum laude from St. John’s University School of Law and received her Bachelor’s Degree from Bloomsburg University of Pennsylvania.
In Ms. Norberg’s role at the office of the whistleblower, she will provide crucial leadership to the whistleblower program which was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Under this law, individuals can receive ten to thirty percent of the money the SEC collects from enforcement. The whistleblower’s information must lead to the successful enforcement of an action in which sanctions exceed $1 million.