Securities Alert: SEC Adopts Final Whistleblower Rules Under the Dodd-Frank Act

On May 25, 2011, the Securities and Exchange Commission (the "SEC") approved final rules implementing the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). Section 922 of the Dodd-Frank Act authorizes the SEC to pay awards to individuals who voluntarily provide original information to the SEC that leads to a successful enforcement action of a securities law violation.

Click on the link below to read more about these rules.