AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: Via AnCaps: Law & Enforced Unnatural Order
 

 Get ready for a nation of SEC-loving paid informants

View previous topic View next topic Go down 
AuthorMessage
CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

Get ready for a nation of SEC-loving paid informants Vide
PostSubject: Get ready for a nation of SEC-loving paid informants   Get ready for a nation of SEC-loving paid informants Icon_minitimeSat Jul 24, 2010 5:42 am
Whistleblowers Hit Jackpot Thanks to New Finance Law

The new financial reform law contains a little-noticed provision that could do a lot to clean up Wall Street—a whistleblower incentive. Under the new law, anyone who provides “original information” that leads to a successful SEC fraud case will be entitled to 10% to 30% of whatever fines or settlements the government exacts from the company, the LA Times reports.

One Washington lawyer predicts the law will “have an immediate impact,” incentivizing insiders to step forward. “It is the secret weapon in this massive bill,” she said. But some fear employees will run to the SEC instead of addressing problems through internal channels. “I’m skeptical,” says one libertarian scholar. “Congress sees this as free money, but do we want to live in a society with paid informants everywhere?”

http://www.latimes.com/business/la-fi-reform-whistleblower-20100723,0,6099636.story
Back to top Go down
 

Get ready for a nation of SEC-loving paid informants

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: Via AnCaps: Law & Enforced Unnatural Order-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

Via AnCaps: Law & Enforced Unnatural Order
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com