ASC adds a whistleblower program to its enforcement toolbox LeapRate

November 21, 2018 BY Valentina Kirilova

ASC adds a whistleblower program to its enforcement toolbox

The Alberta Securities Commission (ASC) has announced the creation of its whistleblower program and the Office of the Whistleblower (OWB) through the adoption of ASC Policy 15-602 Whistleblower Program and accompanying amendments to the Securities Act (Alberta) (contained within Bill 20). The program allows whistleblowers to safely and easily report potential breaches of Alberta securities…

ASIC applauds the enactment of stronger whistleblowing laws

January 17, 2017 BY LeapRate Staff

Blackrock fined by the SEC for whistleblowing clauses in exit agreements

The U.S. Securities and Exchange Commission has announced that New York-based BlackRock, Inc. (NYSE:BLK), the world's largest asset manager, has agreed to pay a $340,000 penalty to settle charges that it improperly used separation agreements in which exiting employees were forced to waive their ability to obtain whistleblower awards. According to the SEC’s order, more…

July 12, 2016 BY LeapRate Staff

Bats unveils its own (non-incentive based) whistleblower Community Policing Program

The Bats Community Policing Program establishes a “Walking the Beat” process of engaging directly with the trading community.

May 17, 2016 BY Maria Nikolova

SEC to award $5-$6 million to whistleblower for helping uncover securities violations

The U.S. Securities and Exchange Commission (SEC) announces another generous award to a whistleblower, as it will award between $5 million and $6 million to a former company insider whose tip helped the agency uncover securities violations. These would have been nearly impossible to detect had not it been for the whistleblower’s information. Today’s award is…

March 08, 2016 BY LeapRate Staff

SEC hands out one of its largest whistleblower awards totaling $2 million

SEC whistleblower awards can range from 10%-30% of the money collected when monetary sanctions exceed $1 million.

February 19, 2016 BY Maria Nikolova

Quebec's financial regulator not to reward whistleblowers

AMF, the regulatory and oversight body for the financial sector of Canada's Quebec, has announced that it will not offer financial rewards to whistleblowers reporting violations of the laws of the Canadian province. The AMF said its decision comes after a comprehensive analysis of whistleblower programs managed by other regulators, including the U.S. Securities and…

January 22, 2016 BY LeapRate Staff

CFTC launches new whistleblower website

The new CFTC whistleblower website allows users to submit tips and apply for monetary awards.

October 29, 2015 BY Maria Nikolova

Ontario regulator to encourage whistleblowers with rewards of up to C$5 million

The Ontario Securities Commission (the OSC) is joining the raft of global regulators encouraging reports of securities-related misconduct. On Wednesday, the OSC published Proposed OSC Policy 15-601 Whistleblower Program, a set of rules that would be the first of its kind for securities regulators in Canada. Under the proposed policy, eligible whistleblowers are entitled to…

Tag: whistleblower program