August 2022

Kansas professor urges greater federal transparency, oversight of corporate whistleblower programs

SEC, CFTC payouts to tipsters linked to concentrated groups of private lawyers TOPEKA — A twoyear inquiry into federal whistleblower programs created to thwart corporate fraud led a University of Kansas law professor to conclude two prominent initiatives aimed at identifying misconduct were undermined by cronyism and secrecy. Alexander Platt, an associate professor specializing in securities regulation and corporate governance, said lack of transparency existed in programs at the Securities and Exchange Commission and the Commodity Futures Trading Commission compensating business insiders offering evidence of malfeasance.

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from the results. In June, Bloomberg Philanthropies awarded Lincoln $400,000 in funding to support a project to turn wood waste into biochar.

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