Whistleblower Schemes Gain Support
The Global Legal Post
April 7, 2014
Jordan A. Thomas comments on the success of the SEC and EU to encourage whistleblowers
According to The Global Legal Post, there has been a dramatic increase in the number of whistleblowers coming forward since the implementation of the Securities and Exchange Commission’s whistleblower program to help deter and detect fraud.
“The programme has been a remarkable success story. One of the greatest fears for whistleblowers is the fear of retaliation and blacklisting where people in your industry shun you,” Jordan stated.