A Risk Professional's Guide to Using the SEC Whistleblower Program to Strengthen Culture and Loyalty
Wiggin and Dana Partner Joseph Martini presented "A Risk Professional's Guide to Using the SEC Whistleblower Program to Strengthen Culture and Loyalty," at the 2016 RIMS Conference in San Diego on April 11.
The U.S. Securities and Exchange Commission (SEC) whistleblower program receives more than 3,000 tips each year, triggering company investigations, fines and penalties. These whistleblower employees bypass internal reporting mechanisms and catch their companies by surprise, causing potentially irreparable reputational damage. Confront the challenge. You can encourage employees to report issues internally using the same incentives from the SEC whistleblower program.
Learning objectives included recognizing ways to utilize the SEC whistleblower program to your company's advantage; select strategies to create a corporate culture of internal reporting; and adopt best practices for conducting internal investigations of whistleblower complaints.
Mr. Martini was joined by Christopher Giovino, Director for Forensic Analysis, Crime and Cyber Evaluation Risk Quantification at Aon Risk Solutions, and Vicki Telford, Director, Global Insurance Risk Management, Hanesbrands, Inc.