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.
Read more: http://www.smh.com.au/business/australian-whistleblowers-provide-tipoffs-for-us-scheme-amid-criticism-of-laws-at-home-20140119-312op.html#ixzz2qsflGx5s ================= While local TOU 'regulations' stifle the free flow of vital exchanges with bullying threats cocooned in ever expanding application of "political correctness".
Regards,
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