S 1149 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill changes the rules about protecting people who report possible violations of securities laws to the Securities and Exchange Commission (SEC). It expands protections so that people who report problems to their bosses or other authority figures at work — not just to the SEC directly — are also protected from being punished by their employer. The bill also gives people accused of breaking whistleblower protection laws the right to a jury trial, requires the SEC to make an initial decision on whistleblower reward claims within one year, and makes it so that agreements signed before a dispute that force whistleblower cases into private arbitration cannot be enforced.
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