Insights: Whistle Blowing After Dodd Frank: New Risks, New Responses

Section 922 of the Dodd Frank Wall Street Reform and Consumer Protection Act has changed the dynamics of ethics and compliance programs. Not only are the potential rewards for whistle blowing in the millions of dollars, but employees can now go directly to the Securities and Exchange Commission with an allegation, instead of reporting it internally. Many organizations are diligently protecting their reputations by improving internal fraud assessment and whistle blowing hotline processes.