Law360, New York (October 31, 2012, 1:39 PM ET) -- The Dodd-Frank Wall Street Reform and Consumer Protection Act creates new and significant remedies for whistleblowers in the United States. It provides rewards (or bounties) for whistleblowers, and strengthens existing penalties against employers under the Sarbanes-Oxley Act for retaliating against whistleblowers.
Dodd Frank and Sarbanes Oxley have also greatly heightened employers’ interests in identifying potentially unethical conduct. Employers now have added incentive to encourage potential whistleblowers to come forward and air issues and complaints, so they can be investigated and eliminated before the underlying conduct becomes...
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