Companies would have to present a whistleblowing report every year
The U.S. regulator says high quality information from whistleblowers is an essential part of its enforcement program
Company insider awarded US$3 million for providing information that would’ve been very difficult for investigators to detect
Most panelists at an OSC roundtable were in favour of the OSC’s proposed program but several raised some potential concerns
Nothing else truly guarantees safety from reprisal, workplace ostracism and career loss
The roundtable will take place on June 9 in Toronto
OSC's whistleblower proposal draws friends and foes
Former hedge fund trader to receive more than US$600,000
Information assisted SEC in an enforcement action against the whistleblower’s company
Discussions will reflect the viewpoints of investors, market participants, the legal community and other stakeholders.