by admin | Jan 6, 2023 | Blog, Retaliation, SEC, Whistleblower
The Securities and Exchange Commission (SEC) recently announced that fiscal year (FY) 2022 was the second highest in both the number and dollar amount of awards in the history of its whistleblower program. The Commission issued 103 awards totaling $229 million to...
by Eric L. Young | Feb 12, 2019 | Compliance, Retaliation, Whistleblower
Barclays fined $15 Million for CEO’s Attempt to Identify Whistleblowers The New York Department of Financial Services (DFS) issued a press release this past December announcing a $15 million penalty against Barclays Bank PLC for violations of New York state banking...
by Eric L. Young | Nov 16, 2017 | Congress, Retaliation, Whistleblower
The bipartisan bill promoting whistleblower protections for individuals reporting antitrust violations, the Criminal Antitrust Anti-Retaliation Act (“CAARA”), is back in the Senate. The law is co-sponsored by Senators Charles Grassley (R-Iowa) and Patrick...
by Eric L. Young | Jul 19, 2017 | CFTC, Dodd Frank, Retaliation, SEC, Whistleblower
The Chief of the SEC’s Office of the Whistleblower, Jane Norberg, and the Director of the CFTC Whistleblower Office, Christopher Ehrman, spoke recently at the Practicing Law Institute’s program on June 28, 2017, titled Corporate Whistleblowing in 2017....
by Eric L. Young | Jul 5, 2017 | Retaliation, SEC, Supreme Court, Whistleblower
The Supreme Court will next term review a whistleblower retaliation lawsuit, Somers v. Digital Realty Trust, Inc., to determine whether the anti-retaliation protections of the Dodd-Frank Act protects employees who report misconduct internally. The Ninth Circuit, in a...
by Eric L. Young | May 23, 2017 | CFTC, Retaliation, Whistleblower
The CFTC has issued final rules based on its previously proposed changes to the CFTC whistleblower program. The changes have left the core of the program intact while strengthening the whistleblower retaliation protections, harmonizing the rules with the SEC program...
