The Securities and Exchange Commission has published fresh guidance on who qualifies for whistleblower protections under the Dodd-Frank Act, essentially confirming the view that a person is not required to report misconduct to the SEC’s Office of the Whistleblower to qualify for the expanded anti-retaliation protections under the law.
The interpretive guidance, posted to the SEC’s website on Aug. 4, clears up confusion about the word “whistleblower” as it appears in two different rules implementing Section 21F of the Securities Exchange Act. That section was created by Dodd-Frank to establish whistleblower protections and to create rewards for anyone who brings useful information to the SEC about corporate misconduct.
