Difference between revisions of "SEC Whistleblower Program"

Line 264: Line 264:


=='''The Conduct-and-Effects Test'''==
=='''The Conduct-and-Effects Test'''==
Through the Dodd-Frank Act, Congress amended the federal securities laws to include the conduct-and-effects test:
Through the [https://whistleblower-rewards-and-protections-wiki.zuckermanlaw.com/index.php/Whistleblower_Protection_Laws#Dodd-Frank_Act Dodd-Frank Act], Congress amended the federal securities laws to include the conduct-and-effects test:


The district courts of the United States and the United States courts of any Territory shall have jurisdiction of an action or proceeding brought or instituted by the Commission or the United States alleging a violation of section 77q(a) of this title [Section 17(a) of the 1933 Securities Act] involving:
The district courts of the United States and the United States courts of any Territory shall have jurisdiction of an action or proceeding brought or instituted by the Commission or the United States alleging a violation of section 77q(a) of this title [Section 17(a) of the 1933 Securities Act] involving: