SEC HomeStreet Action Broadly Interprets Dodd-Frank

Law360, New York (January 24, 2017, 11:33 AM EST) -- Nicolas Morgan

Thomas A. Zaccaro The day before Mary Jo White was scheduled to step down as U.S. Securities and Exchange Commission chairwoman, the SEC brought the latest action in a string of settled cases expanding potential liability faced by companies for purported whistleblower retaliation.

On Jan. 19, the SEC settled with Seattle-based financial services company HomeStreet Inc. for, among other things, alleged violations of Securities Exchange Act Rule 21F-17, one of the whistleblower rules adopted pursuant to the Dodd Frank Wall Street Reform and Consumer Protection Act.

While Dodd-Frank explicitly prohibits an employer from retaliating against a whistleblower by discharging,...

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!

TRY LAW360 FREE FOR SEVEN DAYS