Financial reform passes, includes whistleblower protection improvements

The Frank-Dodd financial reform bill (H.R. 4173) has passed and awaits the President’s signature. What does it mean for whistleblowers? Look no further than the Employment Law Group’s Whistleblower Law Blog for a detailed report about the five specific areas of improvement:

• SEC Whistleblower Compensation and Prohibition Against Retaliation
• Strengthened Whistleblower Protection for Financial Services Employees
• CFTC Whistleblower Compensation
• Strengthening Sarbanes-Oxley’s Whistleblower Protection Provision
• Strengthening the False Claims Act’s Whistleblower Protection Provision

Update: Tom Devine, Legal Director at the Government Accountability Project has also outlined the whistleblower protection provisions of the bill in a press release.

via - Dodd-Frank Bill Provides Robust Whistleblower Protections (Employment Law Group)

Legislation is “Home Run” for Whistleblowers (Government Accountability Project)