Court: Dodd-Frank Amendment Expanding Whistleblower Protections Applies Retroactively

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