WASHINGTON – Sens. Chuck Grassley (R-Iowa) and Elizabeth Warren (D-Mass.) reintroduced legislation to strengthen whistleblower protections at the U.S. Securities and Exchange Commission (SEC). The bipartisan SEC Whistleblower Reform Act of 2023 would ensure timely processing of whistleblower claims and protect whistleblowers from retaliation. The bill’s reintroduction comes amid Sunshine Week, which celebrates the public’s right to a transparent and accountable government.

Sens. Susan Collins (R-Maine), Raphael Warnock (D-Ga.) and Catherine Cortez Masto (D-Nev.) are also cosponsors.

“Whistleblowers bring sunshine to the corners of our government and the private sector where waste, fraud and abuse are taking place in the shadows. The American people have whistleblowers to thank for recovering billions of valuable taxpayer dollars. I’m proud to once again lead this push for greater government accountability by protecting the whistleblower process at the SEC,” Grassley said.

"Whistleblowers play a crucial role in Congressional efforts to prevent waste, fraud, and abuse and to help ensure the effectiveness of government programs. They provide crucial information that Congress needs to conduct proper oversight of the federal government," Collins said. "By improving protections for whistleblowers at the SEC, our legislation would support a culture of transparency and ultimately strengthen the agency’s mission to protect investors and markets.”

“Whistleblowers who expose...

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