29 juillet, 2010

ENHANCED PROTECTION FOR WHISTLEBLOWERS AGAINST

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Act). Amid the Act’s hundreds of pages is a section, Section 922, that significantly enhances the protections available to whistleblowers. Not only will Section 922 fortify existing protections available to whistleblowers under the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley Act), but also, and perhaps more importantly, it will create an entirely new retaliation-protection regime. Although much attention has been paid to the bounty provisions of the Dodd-Frank Act, less has been focused on the retaliation provisions, which could potentially impact relations between companies and their employees in significant ways.  

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