An insightful look into the workings of the SEC Whistleblower Program.
The Wall Street Journal presents an article that includes excerpts from an interview with Nicole Creola Kelly, who is the SEC’s head of its whistleblower program.
She addresses the criticism in recent years in both circuit courts and law studies. A legal research paper found that almost a quarter of the SEC’s whistleblower awards have gone to law firms with attorneys who have connections to the regulator, potentially deterring other whistleblowers from coming forward.
Is it any surprise that Whistleblowers who are represented by securities attorneys do better presenting tips than those who are represented by non-securities attorneys?
Representation of Financial Professionals and Investors Across the Country
Are you a potential whistleblower? Studies have shown that whistleblowers who are represented by experienced securities attorneys have greater success than those without. The partners at Sallah Astarita & Cox, a national securities law firm, are former SEC Staff attorneys and brokerage firm lawyers, who can guide you through the process of filing a claim with the SEC, at no cost to you unless you receive an award. Call Sallah Astarita & Cox at 212-509-6544.