SEC issues final rule on whistleblower provisions | Health Care Compliance Association (HCCA)
On September 23, the United States Securities and Exchange Commission (SEC) published its final rule [1] on several questions regarding the agency’s whistleblower program. Among the rulings were a rejection of a change that would have limited payouts on very large fraud cases, the removal of all internal whistleblower protections offered by the SEC, and a restriction of “related action” cases in which whistleblowers could receive rewards from more than one agency. The final rule has been expected for at least two years, during which the SEC debated and heard comments on all of the propo...
Source: jdsupra.com