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Whistleblowers
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The Securities and Exchange Commission (SEC) has issued a final rule governing how the whistleblower program created under the Dodd-Frank Act will be administered. The rule encourages whistleblowers to report concerns to their companies before turning to the SEC. Legislation (H.R. 2483) introduced by Rep. Michael Grimm (R-NY) would make it mandatory for employees to first report violations to their employers to receive monetary awards.

The Securities and Exchange Commission (SEC) has issued a final rule governing how the whistleblower program created under the Dodd-Frank Act will be administered. The rule encourages whistleblowers to report concerns to their companies before turning to the SEC. Legislation (H.R. 2483) introduced by Rep. Michael Grimm (R-NY) would make it mandatory for employees to first report violations to their employers to receive monetary awards.

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SEC final rules on whistleblowers.pdf [1]886.97 KB
H.R. 2483.pdf [2]181.34 KB

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Source URL: http://www.securitymanagement.com/article/whistleblowers-008850

Links:
[1] http://www.securitymanagement.com/sites/securitymanagement.com/files/SEC final rules on whistleblowers.pdf
[2] http://www.securitymanagement.com/sites/securitymanagement.com/files/H.R. 2483.pdf