malfeasance

Whistleblowers Can Get Paid To Track Down Financial Fraud

Whistleblowers Can Get Paid To Track Down Financial Fraud

Despite objections from businesses, the Securities and Exchange Commission has passed a new rule that will allow whistleblowers to get up to 30% of any money the SEC recovers based on their tips. The rule also exempts whistleblowers from having to reveal their findings to the companies they’re reporting before going to the government. [More]