Friday, March 27, 2015

Employers & Guidance For SEC Whistleblowers

By Bob Oliver


SEC whistleblowers, for those who do not know, work with the goal of bringing attention to various types of fraud in the country. What may shock you, though, is that some who take part in this run the risk of losing their jobs. The idea of taking away one's livelihood is wrong, to put it simply, but it's not like there isn't help that can be attained. In fact, if you read on, you may be able to take care of yourself if you find yourself the victim in this situation.

For those who do not know, there are laws which are built for the purpose of protecting SEC whistleblowers. According to authorities like Whistleblowers Against Fraud, these guidelines are specifically geared towards helping those who report fraud, whether it is in relation to private or public sectors. Basically, it's unlawful to terminate the contracts of those who draw attention to this type of fraud. The type of situation being observed matters very little, if at all.

In case these individuals are curious about their rights, certain establishments can provide a sense of awareness. The Securities and Exchange Commission is one of the best places to start, as this particular organization is known for its enforcing of established laws and proposition of new rules to boot. Given the fact that fraud is a common issue, the SEC can offer advice on such a topic. This is just one example and it's arguably one of the best.

The Whistleblower Protection Enhancement Act, for those who do not know, is one of the most well-known laws designed to protect these very workers. What struck me was that the law was made as a result of the protective measures for said workers becoming weak over time. Why should these individuals have those rights stripped from them when they should be constant? These individuals require protection, which is exactly what this law provides.

When an SEC whistleblower works to help any kind of federal problem, should there be a sense of lingering doubt, as it relates to their job? I do not believe that this should be the case, especially when given the fact that there are rules and guidelines to be observed and abided by. Those who believe that their employment is at risk should think again. There are laws which serve to protect them but only with observation can a greater sense of reassurance be set in place.




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