Letters

Whistleblower Improvement Act

Summary

SIFMA provides comments to the U.S. House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises strongly supporting the Whistleblower Improvement Act of 2011, H.R. 2483.  H.R. 2483 would amend Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) to ensure a more efficient, fair and reasonable reporting of whistleblower matters.  SIFMA supports provisions in H.R. 2483 that expressly prohibits culpable persons from becoming eligible to receive whistleblower awards, thus assuring that wrongdoers do not receive awards.

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