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The Securities and Exchange Commission is scheduled to vote on a proposal that provides incentives to private employees who expose corporate abuses - in short, a reward is up for grabs for whistleblowers....   >>>

The Securities and Exchange Commission is scheduled to vote on a proposal that provides incentives to private employees who expose corporate abuses - in short, a reward is up for grabs for whistleblowers.



Such a measure is intended to prevent the massive abuses like the accounting frauds committed by companies like Enron and WorldCom.



Businesses, however, are alarmed by such a measure. They want that before whistleblowers tip the SEC on any observed abuse that the company in questions should be allowed to address the reported misconduct first.





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