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ARTICLE · 29 NOVEMBER 2010

SEC Proposes Whistleblower Program

On November 3, the U.S. Securities and Exchange Commission released a proposal to reward individuals that provide information that leads to successful SEC enforcement action in which monetary sanctions total more than $1 million.

CanadaFinance and Banking

On November 3, the U.S. Securities and Exchange Commission released a proposal to reward individuals that provide information that leads to successful SEC enforcement action in which monetary sanctions total more than $1 million. The proposal, emanating from Dodd-Frank, also includes provisions to discourage whistleblowers from bypassi implementation of Dodd-Frank, see the SEC's intended schedule for planned rule proposals.

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