B&W Joins SEC Petition For Stronger Whistleblower Protection
Bernabei & Kabat joined a number of other legal and community organizations in petitioning the Securities & Exchange Commission to take stronger action to prevent companies from retaliating against employees who blow the whistle on financial and other corporate misconduct.
The petition documents the increase in retaliation, and the need for better guidance to deter this retaliation. The petition concludes that: “As the SEC places more emphasis on the role of whistleblowers in the national enforcement program, it must also use its authority to mandate integrity, transparency and accountability in the marketplace. This is good for whistleblowers, good for business and good for our country.”