Media Contact: Brian Krauss, Whistleblowers
Against Fraud, 866-973-37283, bk@whistleblowersagainstfraud.
This informational seminar is part of the National Whistleblower
Center's International Anti-Corruption Campaign.
how ASIC deals with information from whistleblowers
At the end of the day, protecting investors is what the whistleblower
program is all about," he said.
Edward Snowden Not Welcome in UK, Warns Whitehall
Program were intended to induce more
He said it was up to Congress to amend the statute to provide confidentiality for whistleblowers
, given the legislative "choice of a public forum for such actions.
Company self-reporting increases the entity's ability to shape the tone of the disclosure, rather than allowing the whistleblower
to control the disclosure.
Also, an employee can make an internal report to a company compliance program for up to 120 days prior to submitting that information to the SEC and still qualify for a whistleblower
The SEC said its new whistleblower
programme strengthens the SEC's ability to protect investors in several ways:
Reporting of suspected tax fraud is excluded under the FFCA and instead is covered by the IRS's whistleblower
program described below.
This includes an outline of the creation of a new "intake" process, issuance of Notice 2008-4, revision of Form 211, Application of Award for Original Information, and creation of a Whistleblower