Financial whistleblowers are on the front lines in protecting Americans against rampant corporate greed and the next financial meltdown. Insiders are often the only individuals who have the knowledge to prove corrupt acts are occurring – acts that threaten the public welfare.
WhistleBlowWallStreet.com is a safe, secure place for anyone working on Wall Street – from personal assistants all the way up to CEOs – to anonymously submit information about bankers behaving badly. We have a crack team of volunteer lawyers ready to review submissions, educate potential whistleblowers on their rights, and even represent whistleblowers in court.
A. DODD-FRANK WHISTLEBLOWER PROTECTIONS
Several federal whistleblower protection laws apply to financial industry whistleblowers. One of the most prominent is the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Just a few of the protections that this groundbreaking law offers whistleblowers include:
- Allowing whistleblowers to report wrongdoing directly to the SEC – not requiring employees to first approach their own corrupt companies.
- Making illegal any action taken by employers against employees in retaliation for approaching the SEC or in working with investigators.
- Providing protections for employees who disclose wrongdoing at subsidiaries, not just publically traded parent companies.
- Implementing a reward program for individuals whose original evidence leads to successful enforcement action by the SEC yielding monetary sanctions of over $1 million.
To find out more about the whistleblower protections of this law, click here.
B. SARBANES-OXLEY WHISTLEBLOWER PROTECTIONS
In 2002, after the colossal failures of both Enron and WorldCom, Congress decided to take action to restore faith in the economy. The result was the Sarbanes-Oxley Act of 2002 (SOX), which, logically, included whistleblower protections for corporate workers.
Specifically, whistleblowers who are employees of publicly-traded companies are covered by these landmark protections, if they are retaliated against for reporting other violations under SOX.
For a detailed explanation of the SOX whistleblower provisions, taken directly from award-winning The Corporate Whistleblower’s Survival Guide, please click here.
C. FILING A COMPLAINT WITH THE DOL
If you believe you were discriminated against for whistleblowing in violation of either the Sarbanes Oxley Act (SOX) or the Dodd-Frank Wall Street Reform Act, you should consider filing a complaint with the Occupational Safety and Health Administration (OSHA) within the US Department of Labor.
D. RESOURCES: THE CORPORATE WHISTLEBLOWER’S SURVIVAL GUIDE
In 2011, the Government Accountability Project (GAP) proudly announced the release of the single most comprehensive publication ever created about corporate whistleblowing, The Corporate Whistleblower’s Survival Guide. Published by Berrett-Koehler, this step-by-step award-winning book details key information that potential business whistleblowers should know before, during, and after blowing the whistle. GAP Legal Director Tom Devine and former GAP investigator Tarek F. Maassarani, co-authors of the book, summarize a decade-long under-the-radar legal revolution in corporate worker free speech rights.
E. SPEAK TO AN ATTORNEY
To find out more about your rights and remedies as a potential employee whistleblower and confidentially speak to an attorney, call 855-226-5597