Hillary Clinton Says She Would Increase Incentives for Corporate Whistleblowers

Washington, D.C. July 20, 2015. Reuters is reporting that Hillary Clinton, the Democratic frontrunner for U.S. President, stated today that she would increase the incentives for corporate whistleblowers to come forward to report financial misconduct.

Whistleblowers who expose wrongdoing under the Financial Institutions Reform, Recovery and Enforcement Act cannot be rewarded more than $1.6 million. Clinton stated that the amount should be “sharply increased.”

“While this represents a large sum in real dollars, it pales in comparison to pay levels within the financial sector.” The incentive needs to be large enough for workers in the financial field to risk their high paying careers to report financial fraud.

Read Reuters full article: Hillary Clinton pledges bigger rewards for corporate whistleblowers