man-user-icon Client Login Portal
    • addthis
    • link : Client Login
    • knowledge network
    • Practice Areas
    • Cases
    • About Us
    • News & Events
    • Our People
    • Knowledge Network
    • Contact Us
    Labaton Sucharow
    • addthis
    • link : Client Login
    • knowledge network
    • Practice Areas
    • Cases
    • About Us
    • News & Events
    • Our People
    • Knowledge Network
    • Contact Us
    • Practice Areas
    • Cases
    • About Us
    • News & Events
    • Our People
    • Contact Us
    • Knowledge Network
    • Client Login
    • Search
    • addthis
    • link : Client Login
    • knowledge network
    Labaton Sucharow
    • News & Events
      • Press Room
      • Published
      • Events
    • Digital Library
      • Videos
      • Podcasts
      • Webinars
    • News & Events
      • Press Room
      • Published
      • Events
      • The Liaison
    • Digital Library
      • Videos
      • Podcasts
      • Webinars

    House GOP Taking Aim at SEC Whistleblower Program

    Law360
    February 10, 2017

    Jordan A. Thomas weighs in on potential policy changes to the SEC Whistleblower Program

    While the new administration is finishing up its cabinet appointees in Washington, House Republicans are preparing to make altercations to the U.S. Securities and Exchange Commission’s policies. These changes include a provision that could limit the agency’s whistleblower program. The significant change in question is a provision that would prohibit “co-conspirators” from receiving an award from the SEC’s whistleblower program for successful tips.

    Partner and Whistleblower Chair Jordan A. Thomas told Law360 that the effects of the prohibition will likely be muted, explaining the “vast majority” of whistleblowers don’t appear to have any responsibility in the schemes they report, but agreed it could undermine the program. “Although the number’s small, the whistleblowers who come forward who have some culpability can be quite valuable to law enforcement authorities,” Thomas said. “It would be unfortunate if these individuals were discouraged from coming forward,” he added.

    Useful Links

    • Practice Areas
    • Cases
    • About Us
    • News & Events
    • Our People
    • Knowledge Center

    Our Locations

    footer-list-map_icon New York
    140 Broadway
    New York, NY 10005
    212-907-0700

    footer-list-map_icon Delaware
    300 Delaware Avenue, Suite 1340
    Wilmington, DE 19801
    302-573-2540

    Useful Links

    footer-list-map_icon Washington, D.C.
    1050 Connecticut Avenue, NW, Suite 500
    Washington, D.C. 20036
    202-772-1880

    Stay Connected

    • Facebook
    • Twitter
    • LinkedIn
    Labaton Sucharow
    • Attorney Advertising Disclaimer
    • Privacy Policy
    • labaton.com
    • Labaton Sucharow All Rights Reserved 2019

    Attorney Advertising Disclaimer

    The materials appearing on this website are provided for informational purposes only and do not constitute legal advice. You should not take action based upon this information without consulting legal counsel. This site is not intended to create an attorney-client relationship. The hiring of a lawyer is an important decision that should not be based solely upon any single source of information, including advertising on this website. You may ask us to send you further information about us, and we urge you to review other sources of information about us.