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Browse: Home / 2012 / July / 10 / Court: Dodd-Frank Amendment Expanding Whistleblower Protections Applies Retroactively

Court: Dodd-Frank Amendment Expanding Whistleblower Protections Applies Retroactively

By Securities Docket on July 10, 2012, 5:39 pm

In late June, a federal court ruled that extraterritorial (outside the U.S.) whistleblowing activity was not covered by the anti-retaliation whistleblower provisions of Dodd-Frank. This week, however, another federal court expanded whistleblower protections when it held that the Dodd-Frank amendment to Section 806 of Sarbanes-Oxley that expressly protects employees of subsidiaries of public companies (i.e., not just “employees of publicly traded companies,” as stated in SOX) applies retroactively.

via Court: Dodd-Frank Amendment Expanding Whistleblower Protections Applies Retroactively – Compliance Week

Posted in SEC, Top | Tagged Dodd-Frank, SOX, Whistleblowers

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