WASHINGTON – In a vote split along partisan lines, the U.S. Securities and Exchange Commission approved final rules for rewarding whistleblowers who provide the agency with tips that lead to successful prosecutions.
The agency attempted to strike a balance on the most controversial issue, whether to require workers to report possible wrongdoing to their employers before going to the government. The business community argued vigorously that without such a provision, internal compliance programs would be decimated.
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