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10/21 update: On Monday, the U.S. Securities and Exchange Commission announced it is rescheduling Wednesday’s meeting on proposed changes to its whistleblower program. According to the SEC’s open meeting website, the meeting, previously scheduled for October 23rd, is “cancelled.”

Stephen M. Kohn, chair of the NWC board, issued a statement; ” We welcome the postponement of the October 23rd meeting. It is vitally important that the SEC understands all of the issues and gets this rulemaking right.”

Continue Reading Changes to SEC whistleblower rules would “destroy the program”

SEC-Building-DCThe Securities and Exchange Commission’s (SEC) recently published its annual report on the SEC Whistleblower program. According to the report, in 2018 the SEC paid the largest amount of whistleblower awards in the program’s history, with payouts totaling $168 million. This year the SEC whistleblower program also gave its largest whistleblower award to date, $84 million. Many of those receiving the reward were company outsiders and non-U.S. residents.
Continue Reading SEC Whistleblower Program Pays Whistleblowers a Record $168 Million in 2018

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U.S. Securities and Exchange Commission Photo credit Diego Radzinschi

Washington, D.C. – September 21, 2018.  The public comment period for the U.S. Securities and Exchange Commission (“SEC”) proposed amendments to the rules governing its successful whistleblower program closed on Tuesday, September 18.  More than 99% of the comments posted on the SEC’s public comment page oppose the proposed rules. 
Continue Reading SEC Receives Extensive Criticism in Comments on Proposed Changes to Whistleblower Program

Full transparency needed evaluate the Commission’s proposed rules.

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Washington, D.C.  September 17, 2018.  Today the National Whistleblower Center (NWC), the nation’s leading whistleblower advocacy group, formally requested the U.S. Securities Exchange Commission (SEC) to extend the public comment period for proposed changes to the SEC Whistleblower Program. 
Continue Reading Whistleblower Advocacy Group Requests SEC Extend Public Comment Period on Controversial Changes to Whistleblower Program

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Whistleblower on CBS show

On Friday, August 31, CBS News will air a segment featuring biofuels fraud whistleblower, Alex “Sasha” Chepurko on the season finale of Whistleblower.  The episode, Case of “THE 100 Million Dollar Scam”, details Chepurko’s incredible story of blowing the whistle on a nationwide biofuels scam.
Continue Reading CBS News Special Features Biofuels Fraud Whistleblower

Watch the ABC News video here.

National Whistleblower Center featured in ABC News, New York Post & more

Executive Director of the National Whistleblower Center, Stephen M. Kohn, has spoken to ABC News investigative reporters recently about a Securities and Exchange Commission (SEC) complaint filed against Facebook by D.C. whistleblower law firm Kohn, Kohn & Colapinto (KKC).Continue Reading Everybody Is Talking About It: Facebook’s Wildlife Black Market

On January 26, 2017, whistleblower attorney and National Whistleblower Center Executive Director, Stephen Kohn participated in a panel discussion at the University of Toronto’s Capital Markets Institute on the topic of “Rewarding Corporate Whistleblowers: Will this Improve Canadian Capital Markets?”
Continue Reading Video: University of Toronto Panel on Canada’s Whistleblower Reward Program

The Securities and Exchange Commission (SEC) announced August 30, 2016, that it has awarded over $100 million to whistleblowers since its inception in 2011.  The SEC’s whistleblower program was established by Congress to incentivize whistleblowers with specific, timely and credible information about federal securities law violations to report to the SEC.
Continue Reading SEC Whistleblower Awards Top $100 Million