SEC Approves Final Whistleblower Provisions of Frank-Dodd

May 25, 2011 – In a meeting open to the public, the SEC approved its final rules implementing the whistleblower provisions in Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Here are the final rules, which mandate the payment of large incentive rewards to whistleblowers.

http://bdti.mastertree.jp/f/rku5xhnd

Some say it is time for Japan to do likewise and put some real protection into its existing (relatively weak) whistleblower protection regime. But the same issues are at work in both counties: companies want employees to have to come to them first.

The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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