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SEC Adopts Final Rules Implementing Dodd-Frank Whistleblower Program—Explanation And Practical Implementation Considerations
On May 25, 2011, the US Securities and Exchange Commission (the "SEC"), in a 3 to 2 vote along party lines, adopted rules implementing Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act" or the "Act"), which requires the SEC to establish a program to pay awards to eligible whistleblowers reporting federal securities law violations.
United States
10 Aug 2011
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