Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Saturday, June 2, 2018
Whistleblowing in the USA
Are whistleblowers protected in your jurisdiction?
Yes. Whistleblowers have both incentives and protections. The Securities and Exchange Commission (SEC) is authorised by Congress to provide monetary awards to eligible individuals who come forward with high-quality original information that leads to a Foreign Corrupt Practices Act action in which over $1 million in penalties is ordered. The range for awards is between 10% and 30% of the money collected. The Office of the Whistleblower was established to administer the SEC’s whistleblower programme. Retaliation against whistleblowers is prohibited by law, and the SEC has fined companies for such action, including:
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