SEC turns Whistleblower Tips into Cases

Financial Times
March 12, 2012

Jordan A. Thomas commented on the invaluable tips the SEC has gathered in result of the whistleblower program, majority of the tips relating to financial fraud

Jordan Thomas, a former SEC enforcement attorney who helped crafted the whisteblower rules, says: "Financial fraud is the most common violation that has been brought to me and they have all led to large public companies. In the past people with potential liability remained silent."