If you are reading this post you are either curious or a sophisticated insider who knows all about HFT – High Frequency Trading. While high frequency trading is often legal, there is definitely a dark side to the industry – folks who combine ultra high speed computers with early access to inside information about earnings […]
Important Victory For Government Whistleblowers
by Brian Mahany When I was a government agent, I had to swear an oath to uphold the law and defend the Constitution. As everyone knows, people in all walks of life break the law. Whistleblowers who have the courage to come forward are often the target of retaliation. Theoretically, the last place one would […]
SEC Pays First Whistleblower Award
by Brian Mahany One year after the SEC finalized the rules to its new whistleblower program, the Commission’s Claims Review Staff announced its first whistleblower award. An unnamed person received $50,000 for providing information that resulted in a million dollar fine. Some commentators were disappointed with the first award – awards under the false claims […]