Releases

The Securities and Exchange Commission's recently released rules for the Dodd-Frank Wall Street Reform and Consumer Protection Act respect company whistleblowers who work for change inside their companies, as well as those who head directly to an outside agency, says attorney Joe Ahmad, an executive employment lawyer at Houston-based Ahmad, Zavitsanos & Anaipakos. "New incentives call for a larger payday for employees who spot wrongdoing and start their complaint inside the company. The SEC obviously decided they wanted to promote the internal checks fostered by the Sarbanes-Oxley Act," says Ahmad. "It was after extensive commentary from all sides that the SEC decided to build-in this respect for internal company process. The SEC still encourages executives and others with insider knowledge of fraud to come right to the government, though." For more information, contact Mary Flood at 800-559-4534 or mary@androvett.com.