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Compliance

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SEC to Vote On Exactly How To Compensate Corporate Whistleblowers

The Dodd-Frank provision for whistleblowers was created in the aftermath of the Bernie Madoff scandal.

The Dodd-Frank Act created new rewards for corporate tipsters. The SEC votes today on exactly how corporate whistle-blowers will be compensated for their deeds.

This Marketplace report suggests that the biggest sticking point is whether tipsters have to report suspected wrongdoing to their bosses before or as they blow the whistle. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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Stressed Out by Compliance, Reputational Damage & Fines?
Stressed Out by Compliance, Reputational Damage & Fines?
Financial services executives are living in a "regulatory pressure cooker." Here's how executives are preparing for the new compliance requirements.