Monday, January 30, 2012

Whistleblowers Group Launches Campaign Against Bill that would gut the SEC Whistleblower Program

Last year, GOP Congressman Michael Grimm proposed legislation that would steer whistleblowers through companies’ internal systems rather than the U.S. Securities and Exchange Commission, something he was criticized for at the time. Noting that the legislation “has passed the initial mark-up and is poised for full approval,” the National Whistleblowers Center announced yesterday it is launching a campaign against the “Grimm Act,” which it says ”systematically rolls back every whistleblower provision included in the Dodd-Frank Wall Street Reform Act.”

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