In the wake of the U.S. financial crisis, a trend is emerging among lawmakers to adopt long-standing ideas from the FCA in an effort to prevent fraud in the marketplace, rather than simply recover damages for the U.S. government. There are handsome whistleblower incentives in the Dodd-Frank Wall Street Reform and Protection Act of 2010 [7 U.S.C. section 26 and 15 U.S.C. section 78u-6] while in California the state's insurance commissioner recently invoked the seldom-used In...
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