New US Whistleblowing Incentives Could Net Informants Millions In Pay-Outs

New US whistleblowing incentives within the Dodd-Frank financial reform act – that could net informants multimillion dollar pay-outs – are likely to generate a surge in allegations against US-listed companies and Wall Street banks, lawyers say. The SEC is expecting a sharp increase in tip-offs from senior employees and third parties prompted by potential seven-figure bounties. – FT