Though the SEC's responsibilities have grown considerably, its enforcement budget -- relative to total managed investment assets in the market -- has fallen by nearly 50 percent since 2005.
WASHINGTON -- The program to reward whistleblowers who report securities law violations has been a flashpoint for corporate anxiety ever since it made...
If control fraud were rare then the proposed financial incentives for whistleblowers would be more dubious. But the current epidemic of accounting control frauds has caused massively greater damage than did their S&L counterparts.