House Quoted on Whistleblower Protections

Partner Bryan House was quoted in Bloomberg BNA Securities Regulation & Law Report’s article “SEC Clarifies DF Whistle-Blower Protections,” on August 8, 2015. The piece discusses an interpretive release by the U.S. Securities Exchange Commission that clarifies the point that “whistle-blowers need not initially report to the commission to qualify for protection under Dodd-Frank's anti-retaliation provisions,” a guideline seen to favor whistle-blowers involved in anti-retaliation litigation with their employers. House is quoted saying, “I don't know that the release really adds much to the discussion; this interpretation is certainly less authoritative than the rules themselves, which were approved after notice and comment. It certainly will be interesting to see what the Second Circuit decides.”