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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2021-07-27T13:00:00
Almost no one becomes a whistleblower by choice.
The individuals featured in this series described the process not as a “light bulb” moment, but rather as a slow and steady whittling down of options. They realized stepping forward led them to become isolated within their organizations. If they were a contractor or found fraud in an organization for which they did not work, they experienced a slow dying of their consultancy or business. Longtime clients gradually fell away, contracts were not renewed, and work opportunities dried up as the suspicion they were an informer deepened and grew.
Whistleblowers are supposed to remain anonymous, but because many of them try to report issues internally first, their organizations know exactly who they are and the content of their allegations. These individuals rarely find any allies within their organization when they report fraud. So, they walk the whistleblowing path alone.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-11-06T21:36:00Z By Jeff Dale
The Financial Industry Regulatory Authority fined broker-dealer Morgan Stanley $1 million over alleged documentation failures related to risk management controls and supervisory procedures involving violations of the Market Access Rule.
2024-11-05T14:00:00Z Provided by Wolters Kluwer
Attend this Compliance Week webinar to synthesize the current ”state-of-play” for current and proposed rules for the ethical and responsible use of AI in financial services settings.
2024-11-04T14:44:00Z By Jeff Dale
Meta disclosed in a public filing that an investigation by the Consumer Financial Protection Bureau related to financial product advertising on platforms Instagram and WhatsApp may lead to a lawsuit.
2024-08-27T14:09:00Z By Adrianne Appel
Two pairs of claimants will receive whistleblower awards totaling more than $98 million and $24 million, respectively, for information they provided to the Securities and Exchange Commission that led to an enforcement action.
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
2024-08-02T14:12:00Z By Aaron Nicodemus
The Department of Justice released the details of its long-awaited corporate whistleblower awards pilot program that will prioritize reporting in areas of corporate crime not currently covered by existing whistleblower programs.
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