Dodd-Frank Retaliation: What’s Protected Activity?

Law360, New York (October 11, 2012, 1:38 PM EDT) -- The Securities Whistleblower Incentives and Protection section of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is an integrated scheme designed to encourage individuals to complain to the U.S. Securities and Exchange Commission of securities law violations by offering potentially huge monetary bounties and protection against retaliation.

More specifically, this section includes two components: a whistleblower bounty program, which enables individuals who report original information to the SEC leading to recovery exceeding $1 million to potentially obtain between 10 and 30 percent of...
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