ACC Disagrees with SEC Final Rule on Dodd-Frank Whistleblower Provisions

At an open meeting this morning, the Securities and Exchange Commission discussed its ruling on whistleblowing provisions of the Dodd-Frank legislation, which allows bypassing of internal compliance systems. ACC, in a press release, voices its strong disagreement with the SEC ruling, and reiterates its commitment to ensuring ACC members and the SEC are aware of coming issues connected with this changing compliance environment.

For more information see below:

SEC Chairman Shapiro’s Opening Statement at SEC Open Meeting, 5-25-11

SEC Rule on Dodd-Frank Whistleblowing Provisions

ACC Comments to House Financial Services Committee, 5-11-11

ACC Comments Letter to SEC, 12-15-2010

ACC Followup Comments to SEC, 12-17-2010

SEC Whistleblower Regulations Proposal