U.S. Supreme Court,
Securities,
Corporate,
9th U.S. Circuit Court of Appeals
Feb. 22, 2018
Reversing 9th Circuit, Supreme Court rules narrowly on whistleblower definition under Dodd-Frank
The U.S. Supreme Court interpreted protection for whistleblowers narrowly under Wall Street reform legislation in a 9-0 ruling Wednesday morning, reversing a split decision from the 9th U.S. Circuit Court of Appeals. Last year, the 9th Circuit held that the 2010 legislation protected a corporate employee who made internal complaints about possible securities violations, but who did not report such activity to the government.
In a 9-0 ruling Wednesday, the U.S. Supreme Court interpreted protection for whistleblowers narrowly under Wall Street reform legislation, reversing a split decision from the 9th U.S. Circuit Court of Appeals.
Last year the 9th Circuit held that the 2010 Dodd-Frank legislation protected a corporate employee who made internal complaints about possible securities violations, but who did not report such activity to the government.
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