The CFO Edge

Jack Sweeney The CFO Edge: Jack Sweeney today oversees the Business Finance Expert Network, including...more

Keeping Mary’s Whistleblower Pledge

As Mary Schapiro prepares to be sworn in as SEC chairman, we are eager to hear how the veteran regulator may already be seeking to fulfill her pledge to rework those processes that manage tips and whistleblower complaints within the commission. Here’s what Schapiro told the senate banking committee less than two short weeks ago:

“If I’m confirmed, within the first couple of weeks, I would like to create an entirely new process within the commission, so that these matters are centralized, they don’t reside out in multiple offices, but rather come through a central fairly senior point of contact within the agency where they then can be staffed, examined, pursued, tracked and reported to the commission, so we have an understanding of exactly what type of intelligence is coming into the agency and how it’s being followed up on by the staff of the agency.”





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