Understanding whistle-blower bounty rules is critical 

Posted: 11:55 am Thu, December 8, 2011
By Erik W. Weibust

After the widespread failures associated with the Bernard Madoff scandal, Congress hastily passed the Dodd-Frank Act and empowered the Securities and Exchange Commission to issue rules enforcing certain provisions, including the whistle-blower bounty provision. In effect, Congress has deputized employees of publicly traded companies to police their employers’ conduct, offering handsome compensation to those who do so effectively.