Whistleblower Protection Blog

Whistleblower Protection Blog

Advocating Whistleblower Rights for over Twenty Years

Tag Archives: Dodd-Frank

National Whistleblower Center Testifies Before House Committee in Defense of the SEC Whistleblower Program

Posted in Corporate Whistleblowers
CymyNatWEAEJDZ2Today, National Whistleblower Center Executive Director Stephen Kohn submitted testimony to the House Financial Services Committee in defense of the Securities and Exchange Commission’s (SEC) whistleblower program—a highly successful program that has protected investors and recovered $1 billion from Wall Street fraudsters since its inception. Section 823 of the draft Financial Choice Act of 2017 directly, and negatively, impacts the… Continue Reading

Fourth Anniversary of Dodd-Frank Finds Financial Reform Under Attack From Corporate America

Posted in Corporate Whistleblowers
Today, July 21, 2014, is the fourth anniversary of the passage of the Dodd-Frank Act — the most significant financial reform law enacted since the Great Depression to combat Wall Street and financial fraud.  However, the law is under attack from Wall Street and Corporate America, and its most important provisions are in danger. Dodd-Frank was passed in 2010 in… Continue Reading

The Sky Has Not Yet Fallen

Posted in Corporate Whistleblowers
So far, the sky has not fallen. That's not to say there isn't some curious weather activity. Now that the SEC has logged at least seven full months of the Dodd Frank whistleblower program, it's worth taking a moment for a brief status check on what we have learned so far.… Continue Reading

“Looking for whistleblowers in all the wrong places”

Posted in Corporate Whistleblowers, Honesty Without Fear Radio
I had the pleasure today of interviewing Donna Boehme about the impact Dodd-Frank has had on corporate compliance programs. Our discussion about creating a corporate culture open to employee reports led to an interesting case detailed in her recently published column in Compliance and Ethics Professional. In the article, she talks about a group of employees at two national banks… Continue Reading

Calling All Corporate Whistleblowers – Continued

Posted in Corporate Whistleblowers
Today, the Securities and Exchange Commission Office of the Whistleblower website posted 15 new covered actions that will now be considered for a whistleblower award. A whistleblower must submit a timely application for an award in a covered action within 90 calendar days. The SEC’s website is a vital resource for whistleblowers and their counsel to navigate the SEC whistleblower… Continue Reading

Whistleblower Center in NYC

Posted in Events
The NWC is preparing for a full day of whistleblower events in New York City today. Join the NWC staff and Executive Director Stephen M. Kohn at two events teaching the public about whistleblower rights and the latest whistleblower protection laws. First, come learn about the latest whistleblower provisions found in the Dodd-Frank Act, and how these rules can help… Continue Reading

NWC seminar on Dodd-Frank a huge success

Posted in Corporate Whistleblowers, Events, False Claims / Qui Tam, Legislation, Tax Whistleblowers
David Colapinto, Stephen Kohn, Sean McKessy and Michael Kohn. Yesterday, the National Whistleblowers Center (NWC) road trip of seminars came to Washington, DC, to spread the word about new opportunities for whistleblowers under the Dodd-Frank Wall Street Reform and Consumer Protection Act. “This was the best continuing legal education I’ve had in 17 years,” attorney Don McKenna told me. In… Continue Reading

Environmental Whistleblower Seminar Coming Soon

Posted in Events
On June 30th, the National Whistleblowers Center will host a seminar for protecting environmental whistleblowers in the New Orleans area. The program, entitled Using the New Corporate Whistleblower Protections to Defend Environmental Whistleblowers, will be held at the Brown Foundation Center in Metairie, Louisiana from 1:00 pm to 3:00 pm CST. Distinguished NWC Executive Director Stephen M. Kohn and myself… Continue Reading

SEC’s Dodd-Frank rules are a major victory for whistleblowers

Posted in Corporate Whistleblowers, False Claims / Qui Tam, Legislation
Today the U.S. Securities and Exchange Commission (SEC) issued its final rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act. By a vote of 3-2, the SEC approved these final rules this morning. The SEC has released a fact sheet summarizing the new rules. The outcome is a major victory for whistleblowers.  The SEC rejected proposals put forward… Continue Reading

Final Whistleblower Provisions in Dodd-Frank Act to be Announced Tomorrow

Posted in Corporate Whistleblowers
Tomorrow, May 25th at 9:30 a.m. EST, the Securities and Exchange Commission (SEC) will meet to vote on its final rules for the whistleblower provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The rules will directly relate to the new "bounty" provisions in the Securities Exchange Act, which requires the SEC to pay whistleblower rewards.  You can… Continue Reading

Upcoming: June Corporate Whistleblower CLE Seminars

Posted in Events
The National Whistleblowers Center will be hosting a series of seminars this summer. The first two are in Denver on June 23rd and in San Francisco on June 27th. Stephen Kohn, Executive Director at the National Whistleblowers Center will host his seminar entitled The NEW Corporate Whistleblower Protections and Reward Provisions. The event in Denver will be held at the… Continue Reading

NELA to host webinar on new whistleblower remedies

Posted in Corporate Whistleblowers, Events, False Claims / Qui Tam, Legislation, Whistleblower FAQ
The National Employment Lawyers Association (NELA) has scheduled a webinar called Using New Developments In Whistleblower Laws To Your Client’s Advantage.  It will be on March 10, 2011, 11:00 am Pacific, 2:00 pm Eastern. This 90-minute webinar will address new developments in whistleblower law, including recent decisions strengthening the rights of federal employee whistleblowers. Speakers will include Tom Devine of… Continue Reading

Phillips & Cohen attorneys urge SEC to resist corporate lobbyists

Posted in Corporate Whistleblowers
Erika A. Kelton and Eric R. Havian are attorneys with the whistleblower law firm of Phillips & Cohen. Today they released an opinion piece on the Washington Post’s Capital Business web page. They are urging the Securities and Exchange Commission (SEC) to resist what the corporate lobbyists are saying, and adopt regulations that protect all whistleblower disclosures. The corporate lobbyists… Continue Reading

WSJ reports on hurdles for financial fraud whistleblowers

Posted in Corporate Whistleblowers, False Claims / Qui Tam, Tax Whistleblowers
The Wall Street Journal is reporting today on the hurdles that whistleblowers face when they provide tips about financial fraud to the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Called "Whistleblower Bounties Pose Challenges," the article says that, "collecting the bounty could be a challenge." According… Continue Reading

Dodd-Frank has banks competing for whistleblower reports

Posted in Corporate Whistleblowers
The Charlotte Business Journal interviewed Stephen M. Kohn, Executive Director of the National Whistleblowers Center, for an article released today. The article examines how more and more banks are adopting whistleblower programs through which employees can raise compliance concerns. Why? Kohn explains that the banks are afraid that their own employees will turn to outside attorneys to seek rewards under… Continue Reading