Internal Whistleblowers Have Full Protections, SEC Says

By Cara Salvatore (August 5, 2015, 5:24 PM EDT) -- The U.S. Securities and Exchange Commission decreed Tuesday that whistleblowers who report only within their companies must be protected as strongly as others, an apparent effort to head off a contradictory Fifth Circuit reading that threatens to spread to other appeals courts.

In the rule interpretation, released Tuesday and scheduled for publication in the Federal Register, the SEC acknowledged that the whistleblower rule it passed in response to the Dodd-Frank Act could be confusing if parts of it were taken in isolation. But the new document reiterates that full protections are afforded to internal whistleblowers.

"Notwithstanding our view that Rule 21F-2(b)(1)...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!