When The Whistle Blows

The enhanced regulatory environment under Sarbanes-Oxley, Dodd-Frank and the Foreign Corrupt Practices Act coupled with financial incentives to whistleblowers will drive a renewed need for legal counsel and forensic accountants to investigate, report, and remedy alleged U.S. Securities and Exchange Commission ("SEC or Commission") violations. Richard Fogarty, Managing Director of Capstone Advisory Group's FCPA and Global Fraud Investigations practice says, "Given the increased protection and avenues of reporting for whistleblowers, combined with the aforementioned financial incentives and overall efforts of regulators in pursuing the investigation of potential violations of Dodd-Frank, FCPA, or a myriad of other regulations, companies should be ready to investigate."  He added, "Companies should be prepared to operate in a much more active whistleblower environment."