{"id":2064,"date":"2021-09-30T08:06:52","date_gmt":"2021-09-30T12:06:52","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=2064"},"modified":"2021-09-30T08:06:52","modified_gmt":"2021-09-30T12:06:52","slug":"whistleblowing-compliance-and-reporting-systems","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/whistleblowing-compliance-and-reporting-systems\/","title":{"rendered":"Whistleblowing \u2013 Compliance and Reporting Systems"},"content":{"rendered":"<p>The unparalleled success of the SEC\u2019s Whistleblower Program in uncovering hidden financial crimes and achieving successful enforcement has been well publicized.\u00a0 In this <a href=\"https:\/\/seciblog.pli.edu\/?p=2057\">September 21, 2021, blog post<\/a> we highlight that the program has paid out over $1 billion in awards to whistleblowers.<\/p>\n<p>In this related <a href=\"https:\/\/www.sec.gov\/news\/press-release\/2021-177\">Press Release<\/a> Chair Gary Gensler emphasized the importance of the program:<\/p>\n<p style=\"padding-left: 30px;\">\u00a0&#8220;Today&#8217;s announcement underscores the important role that whistleblowers play in helping the SEC detect, investigate, and prosecute potential violations of the securities laws.\u00a0 The assistance that whistleblowers provide is crucial to the SEC&#8217;s ability to enforce the rules of the road for our capital markets.&#8221;<\/p>\n<p>One frequently overlooked aspect of the program\u2019s success is how companies may need to adjust governance and policy related to whistleblower activity.<\/p>\n<p>In this environment that provides such strong incentives for whistleblowers to come forward, companies need to build appropriate governance and policies.\u00a0 To help companies in this process, <a href=\"https:\/\/www.pli.edu\/insecurities\/podcast\">PLI\u2019s InSecurities podcast<\/a>, in <a href=\"https:\/\/www.pli.edu\/insecurities\/episode-47\">Episode 47 \u2013 Whistleblower Tips: Advice From a Former Chief of the SEC\u2019s Whistleblower Office<\/a>, provides crucial information about developing policies and governance surrounding whistleblower processes.\u00a0 Included are suggestions about how to develop parallel internal reporting systems and encourage, triage and investigate whistleblower tips.<\/p>\n<p>As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The unparalleled success of the SEC\u2019s Whistleblower Program in uncovering hidden financial crimes and achieving successful enforcement has been well publicized.\u00a0 In this September 21, 2021, blog post we highlight that the program has paid out over $1 billion in awards to whistleblowers. In this related Press Release Chair Gary Gensler emphasized the importance of &hellip; <a href=\"https:\/\/seciblog.pli.edu\/index.php\/whistleblowing-compliance-and-reporting-systems\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Whistleblowing \u2013 Compliance and Reporting Systems<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[143,242],"tags":[],"coauthors":[154],"class_list":["post-2064","post","type-post","status-publish","format-standard","hentry","category-hot-topic","category-reporting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/2064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=2064"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/2064\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=2064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=2064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=2064"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=2064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}