More From Eric Dixon at http://www.NYBusinessCounsel.com
Top 50 Twitter Rank of Worldwide Startup Advisors For Much of 2014. Go to my professional site for solutions to your legal, business and strategic problems. The only lawyer who is a co-inventor of multiple, allowed-for-grant patents on blockchain technology!!! Blockchain and Digital Currency Protocol Development --
Tuesday, April 23, 2013
Problems With SEC Whistleblower Program
The New York Times reports in its Wednesday editions about various missteps and infrequent successes of its still-young whistleblower program for people who discover or uncover suspected fraud or other corporate wrongdoing.
Of course, there are some serious and highly problematic exceptions to the program, as I detailed back in 2010. I also wrote in 2011 that the SEC's proposal -- since implemented as part of the Dodd Frank financial reform law -- would help to intimidate whistleblowers instead of successfully bringing them and their information out from the shadows.