US EditionProcedural Hurdles Thwart Whistleblowers Seeking SEC Awards
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Procedural Hurdles Thwart Whistleblowers Seeking SEC Awards
Whistleblowers seeking financial rewards from the U.S. Securities and Exchange Commission (SEC) under the Dodd-Frank Act are running into a steep wall of procedural hurdles, and federal appeals courts aren’t inclined to offer lifelines. Whistleblower award denials can be appealed before the Federal Courts of Appeals. However, time and again, courts have rejected these appeals, primarily on procedural grounds. Errors made by whistleblowers in the…
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