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Penalizing Corruption

Online Exclusives The IIA Jan 21, 2019

The U.S. Securities and Exchange Commission’s Whistleblower Program has fined companies more than $1 billion since 2011.

Since its inception, the U.S. Securities and Exchange Commission (SEC) Whistleblower Program has fined wrongdoers more than $1.7 billion. “Whistleblowers have played a crucial role in the progression of many investigations and the success of enforcement actions,” said Jane Norberg, SEC chief of the Whistleblower Program, following the $16 million payout to two whistleblowers in November 2017.

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The IIA

The Institute of Internal Auditors