The Securities and Exchange Commission (SEC) recently established a new Office of the Whistleblower in response to requirements of The Dodd-Frank Wall Street Reform and Consumer Protection Act. That statute requires the SEC to establish a program to pay awards to eligible whistleblowers who voluntarily report to the SEC original information about potential violations of federal securities laws that leads to successful enforcement actions with monetary sanctions exceeding $1 million. The Whistleblower Office will determine the amount of the award paid to whistleblowers that can range between 10 percent and 30 percent of the SEC's recovery. This webinar covered the following:

• How companies’ internal compliance processes remain viable in light of the Whistleblower rules
• What is the interplay between internal compliance processes and the SEC's Whistleblower program?
• Steps companies can take to ensure compliance with the Rules’ strengthened anti-retaliation requirements
• How smaller enforcement actions might be aggregated to meet the $1 million minimum for an award payment
• When legal, compliance, and audit personnel may and may not qualify as whistleblowers
• Clarification of how culpable individuals may nevertheless participate in Whistleblower awards
• Does the Whistleblower program incentivize early reporting of potential violations