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  • Article

    National Whistleblower Center Asks SEC To Extend Comment Deadline On Whistleblower Proposal

    The National Whistleblower Center ("NWC") urged the SEC to extend the comment deadline on a proposal amending the SEC whistleblower program.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Critic of High-Frequency Trading Receives SEC Whistleblower Bounty Award

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    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    Two Years Later: What We Know About Dodd-Frank's Whistleblower Provisions

    In the wake of a number of highly publicized corporate scandals, many of which involved both SEC enforcement and criminal prosecution (WorldCom, Adelphia, Tyco and Enron, among others), Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010.
    United StatesCorporate/Commercial Law
    Holland & Knight
    Holland & Knight
  • Article

    SEC Awards $27 Million To Whistleblower

    The SEC awarded $27 million to a whistleblower for providing information that led to a successful enforcement action.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Whistleblower Chief Jane Norberg To Leave, Agency Announces

    The SEC announced on April 8, 2021 the departure of Jane Norberg, Chief of the SEC's Office of the Whistleblower. Ms. Norberg had been with the Office nearly since its inception in 2012...
    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    SEC Issues Another Multi-Million Dollar Whistleblower Award

    Less than one month after issuing a $22 million award, the SEC issued another multi-million dollar whistleblower award on September 20, 2016. The SEC's most recent award exceeded $4 million
    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    A Review Of Recent Whistleblower Developments - January 2015

    On November 17, 2014, the U.S. Securities and Exchange Commission Whistleblower Office issued its Fiscal Year 2014 Annual Report.
    United StatesEmployment and HR
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    SEC Whistleblower Awards To Insurance Department Employees?

    Many federal, state, and local governmental employees may be eligible for awards pursuant to the SEC's whistleblower program under the Dodd-Frank Act.
    United StatesInsurance
    Carlton Fields
    Carlton Fields
  • Article

    Review Of The SEC Whistleblower Program: At The Crossroads Of Securities Law And Whistleblower Protection

    Fiscal year 2020 marked the ten-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act establishing the Securities and Exchange Commission's whistleblower program.
    United StatesCorporate/Commercial Law
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    Possible Changes Coming To Further Strengthen The SEC Whistleblower Program

    On August 2, 2021, the Chair of the US Securities and Exchange Commission, Gary Gensler, issued a "Statement in Connection with the SEC's Whistleblower Program." In his Statement, Chair Gensler noted that he has ...
    United StatesCorporate/Commercial Law
    Arnold & Porter
    Arnold & Porter
  • Article

    SEC Whistleblower Program Receives Record Number Of Tips In 2018

    In its 2018 annual report to Congress, the SEC reported that it received the largest number of whistleblower tips and paid the most in rewards in program history.
    United StatesEmployment and HR
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Puts Their Money Where Their Mouth Is: $30 Million Awarded To Whistleblower

    On September 22, 2014, the SEC announced its largest whistleblower award to date under its Dodd-Frank whistleblower bounty program.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    For Whom The Whistle Tolls In 2014

    Momentum for the SEC’s Dodd Frank whistleblower program is growing, and 2014 can be expected to bring continued expansion of the program and the number and types of whistleblower actions initiated by the SEC.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Whistleblower Protections: Federal Agencies Ramp Up Enforcement

    Federal agencies are continuing to prioritize and ramp up enforcement of whistleblower protection rules, underscoring the need for all companies – both public and private – to undertake routine compliance reviews.
    United StatesFinance and Banking
    Wiley Rein
    Wiley Rein
  • Article

    SEC Whistleblower Chief Sean McKessy To Leave, Agency Announces

    The SEC's most recent award was a stunning $17 million, announced on June 9, 2016.
    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    Moving Right Along: The Office Of Whistleblower Issues Its 2013 Annual Report

    The SEC released its Fiscal Year 2013 Annual Report to Congress on the Dodd-Frank Whistleblower Program on November 15, 2013.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    SEC Whistleblower Office Issues First Award

    The Securities and Exchange Commission announced on Tuesday that an anonymous tipster was eligible to receive the first award paid under its Dodd-Frank-mandated whistleblower program.
    United StatesCorporate/Commercial Law
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    SEC Awards $7 Million To Whistleblower

    The SEC awarded more than $7 million to a whistleblower for providing critical information related to an enforcement action for "serious financial abuses."
    United StatesEmployment and HR
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Intervenes In Former In-House Attorney's Whistleblower Lawsuit

    On March 28, 2016, the U.S. Securities and Exchange Commission ("SEC") filed an amicus brief in a whistleblower lawsuit brought by a former in-house attorney against Vanguard Group (the "Company").
    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    SEC Continues To Investigate Contractual Impediments To Whistleblower Complaints

    As Rachel Louise Ensign reported earlier this week in the Wall Street Journal, the Securities Exchange Commission continues to probe obstacles to corporate employees blowing the whistle.
    United StatesEmployment and HR
    Proskauer Rose LLP
    Proskauer Rose LLP

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