Kelly Gorman and Whistleblower Program

conference thursday: Our program also allows individuals who have been involved in the misconduct to be eligible for an award, said Kelly Gorman, chief of the new Office of the Whistleblower at the Ontario Securities Commission, according to The Toronto Star. The simple truth is that culpable individuals often have detailed knowledge of the misconduct which will allow us to quickly identify and put a stop to ongoing harm, she told a new conference Thursday at the official launch. Order this photo By Lisa Wright Business Reporter Thu., July 14, 2016 Canada first paid whistleblower program aimed at cracking down on corporate misconduct will pay rewards of up to $5 million for information leading to prosecution — even to tipsters involved in the actual wrongdoing. However, culpable tipsters will not be immune from prosecution, and the potential payout may decrease depending on the degree to which the person or group is complicit in the misconduct being reported, said Gorman. Article Continued Below Our whistleblower program is a powerful addition to our enforcement arsenal and a game-changer for securities enforcement in Canada, she said. Ontario securities watchdog set up the program in an effort to root out accounting fraud, insider trading and market manipulation, said the OSC chief executive Maureen Jensen. (news.financializer.com). As reported in the news.