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Subject: silent-for-too-long issue fin. Контекст:
The Dodd–Frank provision that addresses the silent-for-too-long issue in the financial markets is the whistleblower bounty program. The bounty, ranging from 10% to 30% of the SEC’s recovery (in cases in which the sanctions are more than $1 million), can be claimed by a whistleblower who voluntarily provides the SEC with original information that leads to a successful enforcement action. SOX offered protection against retaliation; Dodd–Frank offers that protection plus a bounty. The final version of the SEC rules for implementing the whistleblower bounty program offers greater rewards to whistleblowers who try first to report the information through the company’s compliance program. They are still given full credit for providing original information internally if, again, an enforcement action is successful. The bounty program does not require that whistleblowers report internally first, however, to qualify for a reward
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