Ken reported misconduct in his organization to the Securities and Exchange Commission.He was able to provide substantial evidence and won the case.The amount recovered was over $1 billion.Which of the following laws states that Ken is eligible to receive between 10 and 30% of the monies collected?
A) The Corporate and Criminal Fraud Accountability Act
B) The Rehabilitation Act
C) The National Emergencies Act
D) The Dodd-Frank Wall Street Reform and Protection Act

Question

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Protection Act established the whistleblower program, which allows whistleblowers to receive between 10 and 30% of the monetary sanctions collected by the SEC as a result of their report. Therefore, Ken is eligible to receive a portion of the $1 billion recovered.

Ken Reported Misconduct in His Organization to the Securities and Exchange