Is SEC Whistleblower Program The Regulator's Biggest Success?

SEC whistleblower program – The Securities and Exchange Commission whistleblower program has had a “transformative impact,” the regulator’s Director of the Division of Enforcement Andrew Ceresney said in a speech Tuesday. With numerous regulatory agencies around the world looking to mimic its structure, the secrets to the SEC’s most visible success involve reducing both the cost of prosecuting wrongdoing as well as identifying previously difficult to detect white collar crime.  While the SEC is open to all contributions, the regulator has specific criteria that are used to identify cases of interest. SEC whistleblower program has lowered investigation and prosecution costs,…