Australian whistleblowers provide tip-offs for US scheme amid criticism of laws at home
Date January 20, 2014 Ruth Williams
Criticism of laws at home comes as figures reveal dozens of Australians gave tip-offs to a US scheme rewarding whistleblowers with cash incentives.
Dozens of Australians have contacted the US securities regulator to report suspected misconduct after it launched a scheme rewarding whistleblowers with cash bounties.
The US Securities and Exchange Commission (SEC) has received 39 whistleblower tip-offs from Australia since late 2011, when laws to ''incentivise'' those who exposed insider trading, market manipulation, foreign bribery and other misconduct came into force.