SEC Whistleblower Reform Act of 2022

Summary

SEC Whistleblower Reform Act of 2022 This bill expands and revises whistleblower protections applicable to individuals who provide information to the Securities and Exchange Commission (SEC) relating to a violation of securities laws. The prohibition of retaliation against whistleblowers is expanded to include individuals who provide information regarding potential violations to supervisors or other employees in positions of authority. Additionally, the bill establishes the right to a jury trial for a person accused of violating whistleblower protection laws. The bill also requires the SEC to make an initial disposition of a whistleblower award claim within the later of (1) one year of the deadline to submit such a claim, or (2) one year after the final resolution of any litigation in the matter. Finally, the bill deems as unenforceable a predispute arbitration agreement regarding a whistleblower action.

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Timeline

1. 31 March 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 31 March 2022

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 31 March 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 31 March 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 31 March 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 31 March 2022

  Open at official source

Sponsors

• Chuck Grassley · R · Sponsor
• Elizabeth Warren · D · Sponsor
• Susan Collins · R · Sponsor
• Sen. Warnock, Raphael G. [D-GA] · D · Sponsor
• Catherine Cortez Masto · D · Sponsor
• · ssbk00 · Standing

Related records

• related to → SEC Whistleblower Reform Act of 2023