SEC Prepares For Dodd-Frank Whistleblowers

A sign that the Securities and Exchange Commission (SEC) is seriously committed to routing out corporate fraud, the SEC has set aside $450 million to fund its whistleblower reward program, which was established under The Dodd-Frank Act.  The SEC must reward whistleblowers who file complaints that lead to the recovery of funds.  The Dodd-Frank Act also includes new, robust protections for whistleblowers from retaliation by their employers.  For more information about The Employment Law Group® and its SEC Whistleblower Practice, click here.

Tagged: Dodd-Frank Act, Enforcement Bodies, Securities and Exchange Commission (SEC), Whistleblower Laws (Federal)