Tags » Dodd-Frank Act

SEC Report Shows Increases in Securities Fraud Whistleblowing and Reveals Insight Into Continued Aggressive Enforcement

As part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC created a whistleblower program to encourage people to submit information to help the SEC’s Division of Enforcement discover and prosecute violations of the federal securities laws. 508 more words

Whistleblower

Another Federal Court Agrees that Securities Fraud Whistleblowers Must Blow the Whistle to the SEC for Dodd-Frank Protection

Several weeks ago, this blog discussed the Fifth Circuit’s determination in Asadi v. G.E. Energy, LLC that for an employee-whistleblower to be protected by the Dodd-Frank Act, she must “provide information relating to a violation of the securities laws to the SEC.” Internal complaints alone are not sufficient, at least in the Fifth Circuit, to invoke the statute’s whistleblower protection provision.  158 more words

Whistleblower

First-time Use of the Dodd-Frank Act

In a first-time use of the Dodd-Frank Act, the U.S. Securities and Exchange Commission (SEC) has charged Allen Park, its former mayor and its former city administrator with fraud in connection with $31 million in tax-exempt bonds issued by the city. 18 more words

Fraud

With Dodd-Frank, Employers Must Tread Carefully When Employees Raise Securities Laws Concerns

Congress enacted Dodd-Frank in the wake of the 2008 financial crisis. As one component of its comprehensive reform of the financial regulatory system, the statute’s whistleblower protection provision encourages individuals to provide information relating to a violation of securities laws to the SEC. 285 more words

Whistleblower

To be Protected, Securities Whistleblowers (in the Fifth Circuit) Must Blow the Right Whistle

On July 21, 2010, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act. Along with the statute’s provisions reforming the financial sector, Congress included a whistleblower-protection provision, 15 U.S.C. 265 more words

Whistleblower

SEC SUBCOMMITTEE REPORTS ON ACCREDITED INVESTOR DEFINITION

The Dodd-Frank Act instructs the SEC to evaluate the definition of “accredited investor” and, if it sees fit, to modify the definition “as the Commission may deem appropriate for the protection of investors, in the public interest, and in light of the economy.” 446 more words

Crowdfunding

Risk Retention Rules Approved, Will Increase Cost of CMBS Transactions

Six federal agencies voted this week to approve new risk retention rules that could foul up the finally recovered CMBS issuance pipeline, even though the new rules won’t be enacted until 2016. 754 more words

CMBS