WASHINGTON--(BUSINESS WIRE)--Whistleblower lawyer David J. Marshall of Katz, Marshall & Banks, LLP, has created an important new resource for whistleblowers who submit information about securities violations to the U.S. Securities and Exchange Commission. Marshall’s SEC Whistleblower Practice Guide is a comprehensive guide for whistleblowers and their counsel. The guide explains how to prepare effective tips that will protect investors, while also earning financial awards for helping to enforce the nation’s securities laws.
Now in its fourth year, the SEC Whistleblower Program continues to be the most innovative boost to the enforcement of federal securities laws in decades. The program’s incentives are encouraging a growing number of individuals to submit valuable information to the SEC, and its employee protections are allowing insiders to approach the SEC without fear of reprisal. With ten awards to date ranging from $50,000 to $30 million, the fund for future awards still has a balance of some $400 million. More awards are coming.
Marshall’s SEC Whistleblower Practice Guide draws on his extensive experience representing securities whistleblowers nationwide, both under the new SEC program and for a more than a decade earlier under the Sarbanes-Oxley Act of 2002. The 34-page guide covers:
- SEC enforcement priorities and the facts most likely to support an award
- The program rules and the policies that underlie them
- The rules for compliance officials and in-house counsel who want to submit whistleblower tips and be eligible to earn awards
- Determining (and maximizing) an individual’s eligibility for a financial award
- Preparing and submitting compelling whistleblower tips
- The SEC investigation process and the role whistleblowers play in nailing wrongdoers
- Protections against retaliation for employee whistleblowers
- Claiming and maximizing an SEC award
- The Do’s and the Don’t’s for whistleblowers before the SEC