How important is the whistleblower? It is important to know that despite the traditional public scorn of whistleblowers, their service to the economic world is invaluable. Madoff, Enron executives and owners and others operated behind the curtains and smiled for the camera in public. No one doubted their activities, at least no one in the public. But deep with the system, some people felt that there was something amiss but did not report. This is why despite it looking bad, it is okay to be an informer.
It may take forever to know the inner dealings of a company. It is known that I the past, corporations and executives have colluded with inspectorates to deny the public knowledge of their internal dealings. While acknowledging the challenges facing the Securities and Exchange Commission (SEC), senators argued that apart from the revolving doors of public and private enterprise, and the deeply rooted culture of corruption, it takes longer for any shady deals to be flagged. Some take decades to reveal. The Dodd-frank Act established the whistleblower program with the hope that there will be more volunteers to prevent internally concealed fraud in securities and exchange.
The SEC recognized that there was absolutely no incentive for someone to inform against his employers. They noted that apart from the obvious job loss, some firms hunted down whistleblowers and even killed them. If not, they made deliberate efforts to smear them so much that their career was practically over. Under the whistleblower program, guaranteed compensation, job security and zero victimization are offered.
The SEC whistleblower program is a package of safeguards for any person who intends to share information he or she believes can help unearth a criminal syndicate. Under the program comes the whistleblower attorney where the person can get representation from a legal provider of choice to support and guide him or her throughout the process.
There are privileges of the SEC whistleblower attorney program because you can exercise your discretion, privacy among other things when you have a lawyer. Today, with proper and a qualified whistleblower attorney services, you can go through the whole judicial process before your name can be disclosed to anyone.
With the SEC whistleblower advocate, you can be sure that your interested are prioritized. If your security and privacy are required, it will be given priority. There are firms like Labaton Sucharow that offers this service and even provide anonymous case review beforehand.