SEC Continues Increased Enforcement of Whistleblower Protection Rule
Whistleblower Network News
SEPTEMBER 29, 2023
On September 29, the U.S. Securities and Exchange Commission (SEC) announced settled charges against D. E. Shaw & Co., L.P., a New York-based registered investment adviser, for violating a whistleblower protection rule by impeding whistleblowing through restrictive non-disclosure agreements. Rule 21F-17 of the SEC Whistleblower Program bans employers from impeding an individual from blowing the whistle to the SEC on potential securities violations.
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