What is the SEC whistleblower program?

The SEC Whistleblower Program in North Carolina is a form of whistleblower law intended to protect individuals who report violations of the Securities Exchange Act of 1934 to the U.S. Securities and Exchange Commission (SEC). This law seeks to protect individuals who provide information in good faith to the SEC about possible violations from employer retaliation. Under the program, whistleblowers can receive financial awards of 10-30% of the funds recovered by the SEC as a result of their whistleblowing. The SEC Whistleblower Program also provides protection from retaliation for reporting possible securities law violations to the Commission. This includes protection from discharge, demotion, harassment, and other forms of discrimination. Under the program, the SEC also encourages whistleblowers to bring their concerns directly to their employer’s compliance office before filing their complaint with the SEC. This helps employers quickly detect and address any violations and prevents further damage to the public. The SEC Whistleblower Program in North Carolina is an important form of protection for individuals who report potential violations of the Securities Exchange Act of 1934. This law ensures that whistleblowers are protected from any forms of retaliation, and that their reports can lead to positive change in the securities markets.

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What is the SEC whistleblower program?

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