The Morning Risk Report: Conditions Ripe for SEC Whistleblowers

Wall Street Journal
July 17, 2013

Jordan A. Thomas talks significance of SEC Whistleblower program

These employees that suspect bad behavior but are wary of reporting it internally are ideal candidates for the SEC's anonymous whistleblower program. A growing number of those surveyed knew about this whistleblower program (60%, up from 49% in 2012) and the vast majority (89%) said they would be willing to report wrongdoing given the conditions of the agency's program. "That bodes really well for financial regulators and law enforcement," says Jordan Thomas, partner and chair of the whistleblower representation practice at Labaton.