SEC’s Amicus Brief: Internal Whistleblower Reports Covered By Dodd-Frank Anti-Retaliation Provision

As we previously discussed, courts have struggled with determining the scope of the protections in Dodd-Frank's anti-retaliation provisions.  On the one hand, Dodd-Frank defines a "whistleblower" as any individual, or group of individuals, "who provide . . . information relating to a violation of the securities laws to the [SEC], in a manner established by . . . the [SEC]."  But, a few subdivisions later, Dodd-Frank prohibits retaliation against a whistleblower "because of any lawful act done by the whistleblower . . . in making disclosures that are required or protected under the Sarbanes-Oxley Act of 2002 . . . , [the Securities Exchange Act of 1934], section 1513 (e) of title 18, and any other law, rule, or regulation subject to the jurisdiction of the Commission."  Recently, in connection with Liu v. Siemens A.G., which is pending before the Second Circuit, the SEC filed an amicus brief, arguing that Dodd-Frank's whistleblower provision "protects any employee who