Wall Street reform makes whistleblower rules critical

Description

Abstract: The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) makes it easier and more lucrative for whistleblowers to bring retaliation claims against a company, and one provision outlines cash incentives for whistleblowers who report suspected misconduct directly to the SEC. Such changes may expose companies to new risks. This article describes those risks and how companies can minimize them by strengthening their internal whistleblowing procedures.