SEC Commissioner Jackson Hails The Dodd-Frank Whistleblower Award Program
On June 28, 2018, Commissioner Robert Jackson, Jr., of the United States Securities and Exchange Commission published a written statement hailing the Dodd-Frank whistleblower award program. The Dodd-Frank whistleblower award program is also commonly referred to as the SEC whistleblower program. Commissioner Jackson released his statement alongside the SEC’s public release of proposed amendments to the SEC whistleblower rules, which had not been updated or amended since they were originally promulgated back in 2011.
Along with Commissioner Jackson, two of the other three active SEC Commissioners and the SEC Chair each published their own independent statements in strong support of the Dodd-Frank whistleblower program. (The sole Commissioner not to issue any statement had previously announced that he was resigning from the Commission and was waiting for the appointment of his successor.)
If you are interested in reading about the remarks concerning the Dodd-Frank whistleblower award program made by SEC Chair Jay Clayton, SEC Commissioner Kara Stein, or SEC Commissioner Hester Peirce, please click here, here, and here.
The Dodd-Frank Whistleblower Award Program Is Among The SEC’s “Most Successful Endeavors”
In his written remarks, Commissioner Jackson declared that the Dodd-Frank whistleblower award program is among the SEC’s “most successful endeavors”.
As explained by Commissioner Jackson:
Whistleblowers are crucial to our enforcement efforts, and experts of all stripes have said that this program — which rewards those who make the difficult decision to come forward to help us expose fraud — is among our Staff’s most successful endeavors.
To read SEC Commissioner Jackson’s written statement hailing the Dodd-Frank whistleblower award program, click on the links below:
- Written Statement by SEC Commissioner Jackson. (External link to the SEC’s website.)
- The SEC’s press release about the Dodd-Frank whistleblower award program. (External link to the SEC’s website.)
- Article “GOP, Dems, And Independents All Agree On One Thing: The SEC’s Whistleblower Program”. (Note: external link to The Pickholz Law Offices website.)