Home > Uncategorized > FINRA Announces Creation of “Office of the Whistleblower”

FINRA Announces Creation of “Office of the Whistleblower”

Whistle blowing is when someone believes that a company is doing something illegal or unethical.  There is a current process to report tips to the government.  In order to make the process more efficient a new agency has been develop.  That is what this article discusses.  The financial Industry Regulatory Authority (FINRA) has develop a new office just for whistleblowers.  This agency allows for tips with merit to go to senior staff for a faster response.  Since this is the way most business get caught in a corporate scandal I think it is only appropriate for this office to be established to speed up the process.  Maybe this will prevent future scandals from lasting so long.

<http://www.finra.org/Newsroom/NewsReleases/2009/P118095>

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