This [Whistleblowing (Dodd-Frank Compliance) training] course educates employees about their role in preventing and detecting securities fraud, and their responsibilities and rights with regard to reporting it.
Mahwah, NJ (PRWEB) April 18, 2013
WeComply, Inc., a leader in web-based ethics and compliance training for corporate employees, has announced a new course on the "whistleblowing" provisions of the Dodd-Frank Act. The Dodd-Frank Act provides financial incentives for employees who report suspected financial fraud to the Securities and Exchange Commission (SEC) and prohibits retaliation against them by their companies. WeComply's 25-minute training course explains how employees can report suspected fraud internally as well as to the SEC.
The Whistleblowing course begins with an overview of the most common types of securities fraud. It then discusses how employees who detect or suspect fraud can report it, both through internal company processes and externally to the SEC. The course then discusses whistleblower awards and protections against retaliation, and the pros and cons of internal vs. external reporting.
“A company charged with securities fraud can have its reputation damaged and see its stock prices plummet, even if the company is never tried or convicted,” said Mike Pallatta, WeComply CEO. “This course educates employees about their role in preventing and detecting securities fraud, and their responsibilities and rights with regard to reporting it.”
For more information on WeComply’s Whistleblowing (Dodd-Frank) course, please visit http://www.wecomply.com/ethics-training/1565506-whistleblowing-dodd-frank-compliance-training-courses-classes.
WeComply is a leading provider of ethics and compliance training for employees in all industries and offers more than 100 courses that are easily customized and available in multiple languages both online and offline. Companies can host courses in their own LMS or use WeComply's patented system, which provides centralized administration, custom reporting and other advanced features. WeComply is the exclusive compliance training partner of Proskauer and the ACC Alliance. For more information, visit http://www.wecomply.com.