With the guilty verdict against billionaire hedge fund founder Raj Rajaratnam, whistleblowers are expected to come forward to reveal what some think is a rampant activity. The whistleblowers have a lot to gain under the newly minted Dodd Frank Act which allows for a reward of up to 30% of what the government recovers from the information provided by the whistleblowers. That’s a lot of incentive, on top of the special provisions preventing whistleblower retaliation. If it is the case that there are many high fliers who have traded on inside info for a while, there must be a lot of people losing sleep right about now. This is what the government intended in allocating resources to go after significant players. Deterrance and exposure. Stay tuned.