SEC: “The watchdog for the Securities and Exchange Commission, who encourages staff at the top securities regulator to blow the whistle on misconduct and fraud, is himself the subject of complaints by several whistleblowers.
Carl Hoecker, the SEC inspector general, is tasked with rooting out malpractice at the agency. His team investigates alleged misconduct by SEC officials, ranging from insider trading to expenses fraud. The office’s website highlights protections for SEC employees who disclose evidence of waste, fraud or abuse.
At least two employees working for Mr. Hoecker have filed complaints to a different federal whistleblower-protection agency, alleging that he and his senior staff retaliated against them for calling out misconduct within the inspector general’s office, according to people familiar with the matter and documents reviewed by The Wall Street Journal…
The whistleblower-retaliation allegations stem from complaints made to Mr. Hoecker last year by at least three officials in his office. The complaints allege misconduct by two of their fellow employees, the people familiar with the matter said.”
-Jean Eaglesham, “At the SEC, Whistleblowers Blow Whistle on Watchdog,” The Wall Street Journal online, Nov. 12, 2017 07:00am