The Dodd-Frank Will Street Reform and Consumer Protection Act was enacted by the Congress in the year 2010. This was considered to be the most sweeping overhaul that ever took place in the country’s financial regulation since famous Great Depression took place. The Dodd-Frank Act is believed to have comprised of several necessary reforms. One of the necessary changes established by the Act was the whistleblower program that currently provides several employment protections and significant financial incentives so that people can report any possible violations of any federal securities laws to the regulating body, known as the Securities and Exchange Commission.
After the historic legislation by the Congress, one of the best law firms in the country, known as Labaton Sucharow decided to introduce a specific practice that would be focused only on protecting and also advocating for the rights of the SEC whistleblowers.
The Labaton Sucharow was founded on the securities litigation platform, and it employees a team of reliable professionals who make sure that whistleblowers’ rights are maintained. The SEC whistleblower representation program from the law firm is led by a team of investigators, forensic accountants and financial analysts who have enough experience in what they do. These lawyers have a lot of state and federal law enforcement knowledge, and this makes it easy for them to provide the whistleblowers with the representation they need.
The special whistleblower program from the law firm is currently led by one of the most successful lawyers in the region, Jordan Thomas. Jordan was previously working as the assistant director and Chief Litigation Counsel of the Division of Enforcement in SEC. While Jordan was working at the successful organization, he managed to fulfill all his leadership roles efficiently, and this led to the development of the program.
The Whistleblower Program from SEC has several rules that guide everyone. SEC is supposed to pay the whistleblowers at least ten to thirty percent of all the money sanctions that have been collected from their successful enforcement action. The individuals who are brave enough to report the financial wrongdoings are supposed to remain anonymous to the public to ensure that they are protected. These rules make it easy for more people to come up and report any misappropriation of funds.