Today, Senators Chuck Grassley (R-IA) and Elizabeth Warren (D-MA) introduced the Securities and Exchange Commission (SEC) Whistleblower Reform Act of 2025 in order to further strengthen the highly successful SEC Whistleblower Program. The bill bolsters the Dodd-Frank Act’s anti-retaliation protections and ensures that the agency processes award claims in a more timely manner.
“Patriotic whistleblowers root out waste, fraud and abuse taking place in the shadows, and we should thank them for recovering billions of valuable taxpayer dollars. I’m proud to reintroduce this legislation to increase government accountability by safeguarding the SEC’s Whistleblower Program,” Senator Grassley said.
“The SEC Whistleblower Reform Act is urgently needed legislation to protect innocent investors from frauds. Since its inception under the Dodd-Frank Act, the Securities and Exchange Commission (SEC) Whistleblower Program has recouped over $6.3 billion in sanctions, placing billions back in the hands of honest investors and taxpayers … The SEC Whistleblower Reform Act redresses the erosion of anti-retaliation protections following Digital Realty. It is a bipartisan, common-sense legislation. It rebuilds the protective framework for whistleblowers that made the SEC Whistleblower Program a success,” said Stephen M. Kohn, Chairman of the Board of National Whistleblower Center.
Offering anonymous reporting channels, anti-retaliation protections, and monetary awards, the SEC Whistleblower...
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