{"id":361,"date":"2014-09-23T09:58:21","date_gmt":"2014-09-23T09:58:21","guid":{"rendered":"http:\/\/www.whistleblowerlawyerblog.com\/2014\/09\/sec_welcomes_sec_whistleblower_1.html"},"modified":"2021-06-11T17:42:40","modified_gmt":"2021-06-11T21:42:40","slug":"sec_welcomes_sec_whistleblower_1","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/whistleblower-blog\/sec_welcomes_sec_whistleblower_1\/","title":{"rendered":"SEC Welcomes SEC Whistleblowers Who Are Foreign Citizens Living Abroad"},"content":{"rendered":"

Yesterday’s record award to an SEC whistleblower <\/a>has far-reaching consequences because the SEC made clear it will reward foreign citizens living abroad <\/em>who meet its criteria for a whistleblower award. <\/p>\n

This decision rejects any suggestion that the SEC Whistleblower Program’s reach ends at the nation’s borders. The SEC recognized that a leading federal appeals court imposed such a limitation on the anti-retaliation provisions of the Dodd-Frank law, which authorized the SEC Whistleblower Program, but announced it is taking a different approach to whistleblower awards:<\/p>\n

“[A]lthough we recognize that the Court of Appeals for the Second Circuit recently held that there was an insufficient territorial nexus for the anti-retaliation protections of Section 21F(h) to apply to a foreign whistleblower who experienced employment retaliation overseas after making certain reports about his foreign employer, Liu v. Siemens, __ F.3d __, 2014 WL 3953672 (2d Cir. Aug. 14, 2014), we do not find that decision controlling here; the whistleblower award provisions have a different Congressional focus than the anti-retaliation provisions, which are generally focused on preventing retaliatory employment actions and protecting the employment relationship.”<\/p>\n

Continue reading \u2192<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Yesterday’s record award to an SEC whistleblower has far-reaching consequences because the SEC made clear it will reward foreign citizens living abroad who meet its criteria for a whistleblower award. This decision rejects any suggestion that the SEC Whistleblower Program’s reach ends at the nation’s borders. The SEC recognized that a leading federal appeals court […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,12],"tags":[],"class_list":["post-361","post","type-post","status-publish","format-standard","hentry","category-financial-fraud","category-sec-whistleblower-program-cftc-whistleblower-program"],"yoast_head":"\nSEC Welcomes SEC Whistleblowers Who Are Foreign Citizens Living Abroad — Whistleblower Lawyer Blog — September 23, 2014<\/title>\n<meta name=\"description\" content=\"Yesterday's record award to an SEC whistleblower has far-reaching consequences because the SEC made clear it will reward foreign citizens living abroad — September 23, 2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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