Privacy laws could hinder Dodd-Frank whistleblower provisions

Author: | Published: 24 Nov 2010

Privacy laws outside the US could obstruct the Securities and Exchange Commission’s (SEC) efforts to let companies self-report fraud.

By giving US companies 90 days to flag up alleged fraud before their compliance officers are eligible for whistleblower status, the Dodd-Frank Act provides as much time as possible for them to mount internal investigations of their own.