Self-reporting potential misconduct can benefit a company by allowing it to frame the issues, proactively address them, and obtain a more favorable resolution

When uncovering potential misconduct, companies may consider reporting it to relevant authorities rather than taking the risk that they will learn about it by other means—whether pursuant to disclosure obligations.

Self-reporting potential misconduct can benefit a company by allowing it to frame the issues, proactively address them, and obtain a more favorable resolution, but it is not without risk, including uncertainty about the potential penalties and other consequences.

This chapter addresses some relevant considerations in determining whether and when to self-report, as well as recent guidance on self-reporting.