CFTC whistleblower Tag Archives — Whistleblower Lawyer Blog Published by Whistleblower Attorneys — Finch McCranie, LLP Mon, 20 Mar 2023 22:51:17 +0000 en-US hourly 1 Amid Bank Bailouts, SEC Whistleblower Improvements Urged by Senators Grassley & Warren https://www.finchmccranie.com/whistleblower-blog/amid-bank-bailouts-sec-whistleblower-improvements-urged-by-senators-grassley-warren/ Fri, 17 Mar 2023 16:29:11 +0000 https://www.finchmccranie.com/whistleblower-blog/?p=2277 In this week of new bank bailouts (following Silicon Valley Bank’s), a bipartisan group of five Senators has urged common sense improvements to the SEC Whistleblower laws.  These Senators emphasize the “crucial role of whistleblowers” in protecting both investors and taxpayer funds. The SEC Whistleblower Reform Act of 2023, co-sponsored by Sens. Grassley, Warren, Collins, […]

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In this week of new bank bailouts (following Silicon Valley Bank’s), a bipartisan group of five Senators has urged common sense improvements to the SEC Whistleblower laws.  These Senators emphasize the “crucial role of whistleblowers” in protecting both investors and taxpayer funds.

  • The SEC Whistleblower Reform Act of 2023, co-sponsored by Sens. Grassley, Warren, Collins, Warnock, and Mastro, removes some predictable roadblocks to an effective SEC Whistleblower program.  To summarize from Sen. Grassley’s release, the Act would:
    1. Protect whistleblowers from retaliation if they report violations only in the workplace.  Currently, whistleblowers are protected only once they report misconduct directly to the SEC or certain other officials.
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