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Whisleblowers granted bounties and protection from SEC and CFTC in US financial reform law
- Freshfields Bruckhaus Deringer LLP
- -
- United Kingdom, USA
- -
- July 21 2010
With the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act into law this week, the US government quietly introduced two parallel whisleblower programs that will provide powerful financial incentives for individuals to report suspected securities or commodities trading violations to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC
Whistleblower provisions make noise in new financial reform bill
- McDermott Will & Emery
- -
- USA
- -
- July 21 2010
The new financial reform bill contains whistleblower provisions that could change how corporations identify potential wrongdoing, interact with their employees and decide whether to report potential violations to the government
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