The Dodd-Frank Act amended the Sarbanes-Oxley whistleblower provisions. The Department of Labor has published interim final rules to take into account the amendments. According to the DOL, the regulatory revisions reflect the statutory amendments and also seek to clarify and improve OSHA’s procedures for handling Sarbanes-Oxley whistleblower claims. The DOL also believes these revised regulations are designed to be consistent with the procedures applied to claims under other whistleblower statutes administered by OSHA.
Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.