- November 18, 2013
- Forbes
The Securities and Exchange Commission’s whistleblower program saw an uptick in tips in its second full year up and running, according to an annual report to Congress.
The agency received 3,238 tips in the 2013 fiscal year, which ended Sept. 30, up about 8% from 3,001 tips the year prior. The program launched near the end of fiscal 2011 after it was established by the 2010 Dodd-Frank financial reform act.
“The whistleblower program is beginning to hit its stride,” said Jordan Thomas, partner and chair of the whistleblower representation practice at [prior firm].