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Friday, September 12, 2014

Dodd-Frank Splits Courts on Granting Whistleblower Protections

As more claimants take advantage of the U.S. Securities and Exchange Commission's whistleblower program created under the Dodd-Frank Act of 2010, courts have increasingly been called upon to decipher the law's provisions protecting claimants from retaliation. In particular, the issue of whether Dodd-Frank requires an informant to make a complaint directly to the SEC in order to qualify as a whistleblower - and thus be protected from retaliation - has become more divisive and could eventually be left to the U.S. Supreme Court to decide.



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