What You Should Know About The SEC Whistleblower Rules


Originally published in The Practical Lawyer - June 2012.

Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted by the U.S. Congress on July 21, 2010 (“Dodd-Frank”), the U.S. Securities and Exchange Commission (“SEC”) adopted final rules (SEC Release No. 34-64545) to implement section 21F of the Securities and Exchange Act of 1934, as amended (Exchange Act) on May 25, 2011, which became effective on August 12, 2011. This article provides a brief overview of the whistleblower rules, discusses the nature of the tips received by the SEC under the new rules, and provides a brief overview of recent litigation involving the new rules.

Please see full article below for more information.

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