In the Margins

Supreme Court: Whistleblowers must report to SEC

February 21, 2018

By The Wall Street Journal

The Supreme Court ruled unanimously Wednesday that individuals must report alleged corporate wrongdoing to the Securities and Exchange Commission, not just to their companies, to qualify for whistleblower protections under the Dodd-Frank Act. The decision narrows the SEC’s interpretation of Dodd-Frank. The primary goal of the Dodd-Frank whistleblower provision was “to motivate people who know of securities law violations to tell the SEC,” Justice Ruth Bader Ginsburg wrote for the court, quoting from a Senate report. Read the original story from The Wall Street Journal

 

 

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