As I’ve been warning: under the new Dodd-Frank provisions, companies “should expect at least some of their employees to report to the government first rather than relying on internal disclosure mechanisms.” [NYT “DealBook”, earlier here, here, etc.] More: various perspectives on FCPA whistleblower bounties [Koehler]
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That piece of legislation really ought to be called Frank-n-Dodd because it is a monster…
[…] of enforcement actions that illustrate how the Foreign Corrupt Practices Act — now with added whistleblowing goodness — is fast turning into a cash cow for Washington, D.C. enforcers […]