A Law360 article titled “SEC Whistleblower Program Ain’t Broke — So Don’t ‘Fix’ It” quotes SEC whistleblower lawyer Jason Zuckerman about the success of the SEC whistleblower reward program.
The article reports that the SEC whistleblower program “is maturing and gaining momentum.” Zuckerman is quoted about some of the reasons for the success of Dodd-Frank’s SEC whistleblower rewards provisions:
Jason Zuckerman of Zuckerman Law said the potential awards and added protections have served as incentives for generating higher quality tips.
“The SEC has placed an emphasis on protecting whistleblowers and has made significant strides in combating gag provisions in employment agreements and settlement agreements,” Zuckerman said. “I don’t see any reason why the SEC would stop acting on high-quality tips.”
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