Republicans seek changes to SEC whistleblower rule

The whistleblower reward has become one of the most contentious parts of Dodd-Frank, as companies from Google Inc and Microsoft Corp to General Electric Co and JPMorgan Chase & Co have asked the SEC to change the proposal by requiring whistleblowers to report company problems internally before going to regulators.

Failing to do so, they say, will undermine internal compliance programs…

Read more: Republicans seek changes to SEC whistleblower rule — Reuters