Corporate Whistleblower News

Washington, D.C. – September 21, 2018.  The public comment period for the U.S. Securities and Exchange Commission (“SEC”) proposed amendments to the rules governing its successful whistleblower program closed on Tuesday, September 18.  More than 99% of the comments posted on the SEC’s public comment page oppose the proposed rules.  The proposed amendments , announced on June 29, 2018, […]

On June 29, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced proposed amendments that will undermine its successful whistleblower program. The SEC proposed these changes with no input from the whistleblower community, yet adopted a position consistent with the long-standing and flimsy viewpoint advanced by the anti-whistleblower U. S. Chamber of Commerce (“Chamber”). The National Whistleblower Center […]

WASHINGTON, D.C. | JUNE 28, 2018—Today, the Securities and Exchange Commission (SEC) issued a proposed rule to reduce the size of whistleblower rewards in cases in which the U.S. recovers $100 million or more. This proposed rule will discourage high-ranking and well-compensated employees at large financial institutions from blowing the whistle. National Whistleblower Center Executive […]

President Donald Trump and Congressional GOP leaders are now aiming to dismantle the Dodd-Frank Act, and the SEC’s whistleblower program along with it. The SEC’s program, the Office of the Whistleblower is without question one of the most effective whistleblower programs in the country. In a memo, Chairman Jeb Hensarling of the House Financial Services […]