The Dodd·Frank Act authorizes the SEC and the CFTC to pay whistleblowers bounties for original information about securities and commodities law violations that leads to successful enforcement actions. There are exclusions for information obtained in legal, compliance, or audit functions, unless not disclosed in reasonable time. Business interests take strong exception to the proposed rules, arguing, among other things, that they would give employees an incentive to bypass existing compliance programs to earn a bounty.
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