H.R. 4816 · 116th Congress
Whistleblower Programs Improvement Act
- Stage
- In committee
- Sponsor
- Cynthia Axne
- Introduced
- 2019-10-23
- Latest action
- 2019-11-13 · Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Summary
Whistleblower Programs Improvement Act
This bill expands whistleblower protections with regard to commodities and securities law violations. Specifically, the bill extends protections from retaliation to individuals who (1) assist in a Commodity Futures Trading Commission (CFTC) investigation of these violations, (2) make disclosures that are required or protected under any law subject to the CFTC's jurisdiction, or (3) provide information to supervisors or other employees with the authority to investigate potential misconduct. Currently, these protections apply only to individuals who report information directly to the CFTC.
The bill also provides for the processing of these whistleblower awards no later than one year after the deadline to file a claim.