The Unclear Definition Of Whistleblower Retaliation

Law360, New York (May 9, 2011, 6:56 PM EDT) -- The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in July 2010 and much has been written about many of its provisions, such as paying a bounty to whistleblowers who disclose material information about securities laws violations that leads to substantial U.S. Securities and Exchange Commission recoveries.

The statute and the SEC’s November 2010 proposed regulations prompted expressions of support from whistleblower advocates and significant industry criticism including that the bounty provision would undermine corporate compliance programs.

Dodd-Frank also provides protection for whistleblowers from...
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