In 2010, there was a Dodd-Frank Wall Street Enactment made by Congress and the Consumer Protection Act. According to sources, this was a complete refurbishment for the United States financial regulation since the 2008 economic crisis. The Dodd-Frank Wall Street Reform, among its any important reforms, established a whistleblower reform program that saw the provision of the new financial incentive and significant employment protection. For individuals to report any possible violations of the whistleblower program, the people were given the task to identify and report any federal security law violation to the Securities Commission for Exchange.
The Labaton Sucharow Law Firm, in response to the regulation, became the first law company in the United States to establish its practice to cater for the whistleblower. This law firm was founded to offer advocating and protection for the Securities and Exchange Commission whistleblowers. While the law firm built on its high-end litigation securities platform, the Practice for Whistleblowers Representation in the law firm leverages an in-house world-class team of forensic accountants, financial analysts, and investigators with the state and the federal law enforcement experience to offer distinguished representation to the Securities and Exchange Commission whistleblowers. The former Assistant Chief Litigation Counsel and Assistant Director at the Securities and Exchange Commission, Jordan A. Thomas, is the leader of the practice. During his period as a servant at the Securities and Exchange Commission, he led to the development of all sectors that constitute the whistleblower representation practice together with the implementation and proposition of the final rules regarding the SEC whistleblower program.
Under the program’s new rules, the Securities and Exchange Commission should pay an eligible whistleblower an amount that does not exceed 30 percent of the sanctions in monetary value collected from the Securities and Exchange Commission’s action for enforcement where the amount exceeds $1 million. The Dodd-Frank Wall Street Reform Act prohibits any form of retaliation from the company against the whistleblower who reports any possible violation of the Securities and Exchange Whistleblower Program. For most, the whistleblower has the capability to report their cases without revealing their identity if a lawyer represents them.
For more information about the new Securities and Exchange Commission Program for Whistleblowers. You can contact the office directly through their website. The company has an extensive representation program for everyone. For all initial consultations, you are not required to pay. However, you can call or visit their offices to determine the strength of your case.