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The new Financial Reform Bill recently signed by President Obama includes a new whistleblower program for the Security and Exchange Commission (SEC) that will reward potentially large sums of money to individuals who assist the government in convicting people of violations of securities laws.  Under the program, whistleblowers who report “original information” about [...]

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New whistleblower provisions in the recently passed Dodd-Frank Act enable whistleblowers to receive rewards for reporting violations of the Foreign Corrupt Practices Act (FCPA). The FCPA prohibits bribery of foreign government officials in international business transactions and false entries in books and records of those companies within the statute. Whistleblowers [...]

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With the passage of the Dodd-Frank Act (AKA the Financial Reform Bill), the SEC now has more power to reward whistleblowers who report securities law violations with substantial payments.  The first of these rewards came on July 23rd when Karen and Glen Kaiser of Connecticut received $1 million for their assistance [...]

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