SEC official reveals whistleblower realities
Author: | Published: 31 Jan 2011
A senior US Securities and Exchange Commission (SEC) official believes that whistleblowers should not approach their companies’ management before the regulator.
According to David Becker, SEC general counsel this is because some compliance programmes “no matter how elaborately conceived and extensively documented, exist only on paper. Some small number are shams.”
“I once knew of an ostensibly anonymous employee hotline that actually rang on the desk of the CEO’s secretary,” Becker added.
Only subscribers to the full IFLR service have access to this article. Please log in
Alternatively, some articles are available if you take a free trial
, giving you 7 days of free access to IFLR.
This article is only available to subscribers of IFLR in full.
Please click here to subscribe. Subscribe
Take a Free Trial
Click here to gain limited 7 day access through a free trial.Free Trial