The Whistleblower Write-Up summarizes developments relating to SEC, CFTC and AML whistleblowing
A question that we are occasionally asked concerns attorneys as whistleblowers. It’s a reasonable question—who is better positioned to know whether their employer (for in-house counsel) or client (external counsel) Continue reading Can a Lawyer be a Whistleblower?
On May 30, 2023, the Supreme Court declined to review a challenge to an SEC award decision brought by an anonymous attorney who blew the whistle on a foreign bribery scheme. (Case No. 22-963.) The decision comes after the Second Circuit denied the whistleblower’s petition for review of the SEC’s order in November 2022, and further denied a petition for a rehearing in December of the same year. The Whistleblower’s cert petition can be found here, while the SEC’s Order and the Second Circuit’s Summary Order are available as part of the appendix to the petition. Continue reading Supreme Court Denies Cert in Whistleblower Case
In response to the Russian invasion of Ukraine, the last two weeks have seen the imposition of several rounds of sanctions against Russian and Belarussian individuals, banks, and other business. How effective these sanctions are will depend entirely on their enforcement, and this is an area where whistleblowers have the potential to play an outsized role. In this article, we will discuss who and what is covered by the sanctions, their potential impact, and possible pathways for whistleblower reporting. Continue reading Whistleblowing and the U.S. Sanctions Against Russia
