The Act that enables a whistleblower to receive compensation for blowing the whistle if the claims are deemed to be valid and the individual is not precluded from receiving such an award is:
A) The Sarbanes-Oxley Act
B) The Foreign Corrupt Practices Act
C) The Private Securities Litigation Reform Act
D) The Dodd-Frank Financial Reform Act

Question

Quizplus · Accepted Answer

The Dodd-Frank Financial Reform Act includes provisions that allow whistleblowers to receive compensation for providing information about violations of securities laws. If the information results in a successful enforcement action and the whistleblower meets certain criteria, they may receive a monetary award ranging from 10-30% of the penalty collected by the government.

The Act That Enables a Whistleblower to Receive Compensation for Blowing