Securities
May 27, 2011
SEC Approves Whistle-blower Rules
Over the objections of big business, the Securities and Exchange Commission approved Wednesday a controversial program to reward whistle-blowers who deliver inside information about securities violations.
Daily Journal Staff Writer
WASHINGTON - Over the objections of the business lobby, a divided Securities and Exchange Commission approved a controversial program Wednesday to reward whistle-blowers who deliver inside information about securities violations.
While the SEC modified the program in response to corporate criticism that it would undermine companies' internal compliance programs, it stopped short of requiring wh...
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