SEC To Review Controversial Whistleblower Rule Changes

By Al Barbarino (August 2, 2021, 10:21 PM EDT) -- The U.S. Securities and Exchange Commission said Monday it will review two amendments made to its whistleblower rules last year that drew criticism from whistleblower advocates, dissents from two commissioners, and a lawsuit from a prominent attorney.

The SEC said Monday it will review controversial amendments made to its whistleblower rules last year. (AP) SEC Chair Gary Gensler said in a statement that he has directed staff to prepare potential revisions to the rules for the agency's "consideration later this year" that would address the concerns from his fellow commissioners and the whistleblower community. The two amendments were among several made last September.

"Various members...

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