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Government

May 12, 2011

Changes Expected to Whistleblower Rules

A Securities and Exchange Commission official said Tuesday he expected potential changes to the proposed rules to award whistle-blowers a bounty for providing information of corporate wrongdoing.


By Robert Iafolla


Daily Journal Staff Writer


WASHINGTON - A Securities and Exchange Commission official said Tuesday he expected changes to the proposed rules to award whistle-blowers a bounty for providing the commission with information of corporate wrongdoing.


Even as the SEC is preparing to release those rules, a House panel will hold a hearing today on a GOP proposal that would require whistle-blowers to report fraud claims to their comp...

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