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Difference between revisions of "SEC Whistleblower Program"
→10-Step Summary of the SEC Whistleblower Process
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| 10. Appealing the SEC’s Final Orders || If an award is denied, whistleblowers may appeal the decision in a U.S. Court of Appeals within 30 days. | | 10. Appealing the SEC’s Final Orders || If an award is denied, whistleblowers may appeal the decision in a U.S. Court of Appeals within 30 days. | ||
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== Employment Protections Available for SEC Whistleblowers == | |||
The '''[https://whistleblower-rewards-and-protections-wiki.zuckermanlaw.com/index.php/Whistleblower_Protection_Laws#Dodd-Frank_Act Dodd-Frank Act]''', which created the SEC Whistleblower Program, prohibits retaliation against whistleblowers for raising concerns about potential securities law violations. Remedies for a prevailing whistleblower include reinstatement, double back pay, litigation costs, expert witness fees, and attorneys’ fees. | |||
Retaliation for whistleblowing to the SEC is also proscribed by the whistleblower protection provision of the '''[https://whistleblower-rewards-and-protections-wiki.zuckermanlaw.com/index.php/Whistleblower_Protection_Laws Sarbanes-Oxley Act (“SOX”)]'''. The remedies are similar to those under Dodd-Frank, but SOX also includes special damages, such as emotional distress, impairment of reputation, and other noneconomic harm resulting from retaliation. Click [https://www.zuckermanlaw.com/sec-whistleblower-retaliation-tools-to-combat-retaliation-and-protect-sec-whistleblowers/ here] for information about additional options to combat retaliation against SEC whistleblowers. | |||