Call us now:
The SEC awards a $110 Million and $4 Million to 2 whistleblowers as part of its whistleblowing regime, taking the total pay-outs to date to over $1Billion. Note the payment is split between two agencies, highlighting the collaboration between Federal agencies on whistleblowing cases.
Whistleblowers can play an extraordinary role in helping the SEC ferret out wrongdoing, said Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower. Whistleblowers may provide critical information based on their own independent analysis that facilitates the SEC’s investigation and the successful resolution of the enforcement action.
The whistle blowing regime circumvents the boardroom providing staff the opportunity to highlight failings in corporate governance, oversight and assurance. Supporting the implementation and management of regulatory regimes and corporate practices.
I do wonder what the size of the fine levied against the defendant in this case?
#theaugustagroup‚Â #theaugustaplan‚Â #cybersecurity‚Â #supplychainriskmanagement‚Â #cyberriskmanagement‚Â #compliance‚Â #cyberinsurance‚Â #insurance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #esgrisk‚Â #cyberregulation‚Â #esgreporting‚Â #soc2‚Â #esg
View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6844547308479102976