11/30/2010

The Securities and Exchange Commission has proposed a rule that would exclude some employees from receiving rewards under whistleblower provisions in the Dodd-Frank Act. The agency says the limitation is necessary to allow companies to conduct internal investigations. However, critics say the rule is part of a scheme to block incentives for employees who help uncover wrongdoing. The rule appears to be written to "make the law not work," argues Stephen Kohn, head of the National Whistleblowers Center.

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