A task force created by the Obama Administration in November 2009 to help hold accountable those responsible for the latest financial meltdown recently made a formal call to whistleblowers for information.  The Residential Mortgage-Backed Securities (“RMBS”) Working Group – an arm of the Financial Fraud Enforcement Task Force (“FFETF”) – is a collaborative effort by [...]

In an interview with Thomson Reuters last Friday, the Director of the SEC Enforcement Division, Robert Khuzami, stated that the quality of tips being submitted to the SEC’s new Whistleblower Program has improved in recent months, probably due in part to more whistleblowers being represented by lawyers.  The SEC Whistleblower Program was established in May 2011 [...]