Dodd-Frank Whistleblower Protection Extends Only to Employees Who Report to SEC
Feb 21, 2018
On February 21, 2018, the United States Supreme Court narrowed the universe of plaintiffs who can claim protection under the whistleblower anti-retaliation provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank).
In a unanimous decision, the Court held that employees are not protected under Dodd-Frank unless they report information relating to a violation of the securities laws to the Securities and Exchange Commission (SEC). Employees who only report violations internally within their company, therefore, are not protected by Dodd-Frank’s anti-retaliation provisions.
Review the decision on the Supreme Court's website and an article on Holland & Hart LLP's website.
