Dodd-Frank Whistleblowing

Summary

Every year, securities fraud — deceptive practices in the stock or commodities markets — results in billions of dollars in financial harm to the companies involved, their shareholders and the economy as a whole. A company that is charged with securities fraud can see its stock price plummet and its reputation sullied, even if the company is never tried or convicted.

While the law requires all public companies to have internal controls designed to detect fraud, almost half of all fraud that enforcement authorities pursue is uncovered by employees and other non-governmental "whistleblowers." The Dodd-Frank Act prohibits retaliation against whistleblowers for reporting suspected fraud to the Securities and Exchange Commission (SEC). This course explains how employees may report suspected fraud externally to the SEC, as well as how they may safely and easily report their suspicions internally.

These materials cover how employees may report observations or suspicions of securities fraud — internally, externally to the SEC, or both — as well as whistleblower awards and protection against retaliation. The topics covered in this course include —

  • Securities fraud: the big picture
  • Detecting securities fraud
  • Reporting fraud internally
  • Reporting fraud externally
  • Whistleblower awards
  • Whistleblower protection

© WeComply/Thomson Reuters

Key Resources

For your convenience, ACC has compiled the following key resources to assist you in your compliance efforts.

For more try searching ACC's online library for "dodd-frank"

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