Anonymous Hotline Reporting

Essential Elements of an Effective Whistleblower Hotline and Reporting Program

The Whistleblower Programs, established by regulators like the Securities and Exchange Commission (the “SEC”) in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that provides monetary incentives to people who report possible violations of the federal securities laws to the SEC, have made it is essential for organizat [...]

What are Best Practices for Hotline Reporting?

In the days before the Sarbanes-Oxley Act (SOX), a hotline reporting program was often viewed as a luxury rather than a necessity. However, in the 12 years since the law passed, the anonymous hotline has become an essential part of any successful ethics and compliance program. Hotlines have become a critical means for detecting any kind of misconduct within [...]

Why Hotline Reporting Matters

Attention to ethics in the workplace and the demand for ethics and compliance regulations gained momentum as a result of several highly publicized corporate accounting scandals that occurred in the early 2000s, most notably those involving Enron, Tyco and WorldCom. In the wake of these financial debacles, public outcry demanded that the federal government st [...]