Companies should anticipate change in their legal, compliance, and audit cultures based on several significant elements of the Securities and Exchange Commission’s (SEC) final whistleblower rules.
McGuireWoods’ white paper, The Rules for Whistleblowers: Significant Aspects of the SEC’s Whistleblower Incentives and Protection Program, reviews how the final rules work, noting several key concepts and definitions, and suggests how companies can prepare to meet the challenges presented by the program.