SEC's Whistleblower Bounty Program: Best Practices for Compliance, Investigations and Responding to Whistleblowers
Cadwalader associates Lex Urban and Kendra Wharton will present a webinar, "SEC's Whistleblower Bounty Program: Best Practices for Compliance, Investigations and Responding to Whistleblowers" on Tuesday, February 27 from 1:00 pm - 2:30 pm EST.
It has been almost seven years since the SEC issued rules implementing its Whistleblower Program for individuals who report information involving violations of the federal securities laws. Since then, the SEC has secured more than $975 million in monetary sanctions in enforcement matters involving whistleblower information, has paid out more than $160 million in whistleblower awards, and has taken enforcement action against employers over allegations of retaliation. These and other developments in the SEC's Whistleblower Program raise serious challenges for public companies, broker-dealers, investment advisers, hedge funds, credit rating agencies, and other entities that are subject to the federal securities laws. This topic will provide a detailed explanation of how the SEC's Whistleblower Program works and will carefully evaluate several legal developments that will likely shape the program's future. The content will also cover many best practices for internal compliance programs. This information is critical for senior executives, legal counsel, compliance and audit personnel, and others dealing with potential whistleblowers.