A bill authorizing the creation of a whistleblower program for the Public Company Accounting Oversight Board passed the U.S. House of Representatives by voice vote on Sept. 19. Introduced by Rep. Sylvia Garcia (D-Texas), the program includes incentives for whistleblowers to come forward and protections for doing so.
H.R. 3625 will “ensure that the PCAOB functions properly and protects consumers and workers from bad actors that could jeopardize the future stability of our public markets,” Garcia said in a statement issued following the approval of the bill by the House.
