The SEC rule requires no such thing: Dodd-Frank prohibits retaliation against whistleblowers, and the SEC rule says companies can’t “take any action to impede” whistleblowing by, for example, enforcing a confidentiality agreement against a whistleblower. But the rule doesn’t say that whenever you have a confidentiality agreement, you have to tell employees that federal law enforcers have open access to company secrets.
via Eugene Scalia: Blowing the Whistle on the SEC’s Latest Power Move – WSJ
