For Immediate Release
Phone: (202) 342-1902
NWC Opposes Corporate Lobby Attempt to Weaken Whistleblower Provisions in Dodd-Frank
November 3rd SEC public meeting will address whistleblower provisions
WASHINGTON - Yesterday, the National Whistleblowers Center submitted comments
to the Securities and Exchange Committee opposing recommendations by
the "Corporate Lobby" that threaten the integrity the Dodd-Frank Act's
propose rules and forms to implement Section 21F of the Securities
Exchange Act of 1934 entitled "Securities Whistleblower Incentives and
Protection" at an open meeting tomorrow at 10:00 a.m.
M. Kohn, Executive Director of the National Whistleblowers Center said,
"The Dodd-Frank Act clearly states that the rules implemented by the SEC
must be 'user-friendly'. We will be paying close attention to
tomorrow's SEC meeting to see if the SEC's promise to
protect whistleblowers is more than simple lip service."
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