In this discussion, you will employ lessons learned from whistleblowers, Cynthia Cooper (WorldCom), and Sherron Walkins (Enron), to the new SEC bounty hunting program. (See FTE for this week.)

You are a CPA, Certified Fraud Examiner (CFE), and a licensed Private Investigator. You read an article about a new whistleblower program at the SEC. Likewise, you studied the WorldCom and Enron high profile cases involving whistleblowers Cynthia Cooper and Sharon Walkins. You are thinking about expanding your private practice to include bounty hunting. Discuss the arguments for and against becoming a bounty hunter for the SEC. Do you think the SEC bounty program might encourage more whistleblowers to come forward?