Whistleblower Provisions Regulation - Comment Letter - Center for Capital Markets Competitiveness - February 15, 2011

From MarketsReformWiki
Jump to: navigation, search
Gavel.png FINAL RULE: This page refers to the proposed rulemaking on whistleblower provisions. The CFTC final rule was issued at its August 4, 2011 open meeting. The SEC final rule was issued at its May 25, 2011 open meeting.
Dodd-Frank Timeline, Whistleblower Provisions, CFTC
Final Rule Issue Effective Date Proposed Amendment
August 4, 2011 October 24, 2011 August 30, 2016

SEC Whistleblower Provisions
February 15, 2011

The comment letter suggests that the National Whistleblowers Center's data and methodology are questionable, encouraging a predetermination of SEC policy. Additionally, the CCMC states, "We believe that that the Commission’s rules should encourage whistleblowers to use a company’s internal compliance programs absent a well-founded reason for not doing so."

References

MarketsReformWiki Sponsors

RSM US LLP ADM Investor Services Cinnober Fidessa