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Fried Frank Harris Shriver & Jacobson LLP | USA | 16 Jul 2010

New incentives for Foreign Corrupt Practices Act whistleblowers: Dodd-Frank Wall Street Reform and Consumer Protection Act

An easily overlooked provision in the soon-to-be signed Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) creates a new whistleblower program that authorizes substantial cash rewards to whistleblowers who voluntarily provide the Securities and Exchange Commission (SEC) with information leading to the successful prosecution of securities laws violations.

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