Diversity Reports at Two Federal Agencies Offer Glimpse of Regulatory Review Under Impending Dodd-Frank Diversity Standards

By | CFPB Monitor | January 19, 2015
Diversity Reports at Two Federal Agencies Offer Glimpse of Regulatory Review Under Impending Dodd-Frank Diversity Standards

The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), signed by President Obama in 2010 in response to the financial crisis, includes a provision intended to remedy racial and gender discrepancies at federal financial regulatory agencies and private financial institutions.

Tweet Like LinkedIn LinkedIn Google Plus

Bad Laws Make Hard Cases

By | The Securities Edge | January 13, 2015
Bad Laws Make Hard Cases

There have been a number of press reports in recent days about attempts by the new Republican majority to repeal all or part of Dodd-Frank.  Depending upon whom you choose to believe (assuming you choose to believe anyone in the current political environment), the Republicans want to eviscerate it, and the Democrats refuse to change one word, or possibly even a punctuation mark.

Tweet Like LinkedIn LinkedIn Google Plus

Federal Court Split Continues Over Who Qualifies As a “Whistleblower” Under Dodd-Frank

By | Employment Law Lookout | January 8, 2015

As we have reported previously, federal courts are currently split on the question of whether the anti-retaliation provisions of the federal Dodd-Frank Act (DFA) apply to employees who disclose their employer’s alleged securities violations to company officials but do not report the claimed violations to the Securities and Exchange Commission (SEC). 

Tweet Like LinkedIn LinkedIn Google Plus

Court Follows 5th Circuit Asadi Decision, Dismisses Dodd-Frank Whistleblower Claim

Court Follows 5th Circuit Asadi Decision, Dismisses Dodd-Frank Whistleblower Claim

The U.S. District Court for the Eastern District of Wisconsin in Verfuerth v. Orion Energy Systems, Inc., No. 14-cv-352 (E.D. Wis. Nov. 4, 2014) recently ruled that the Dodd-Frank whistleblower protection provision does not protect employees who only report alleged violations of the securities laws internally. 

Tweet Like LinkedIn LinkedIn Google Plus

California Court Allows Dodd-Frank Whistleblower Claims to Proceed Despite Absence of Complaint to SEC

California Court Allows Dodd-Frank Whistleblower Claims to Proceed Despite Absence of Complaint to SEC

In a case of first impression within the Ninth Circuit, the U.S. District Court for the Northern District of California ruled that the whistleblower protection provision in Dodd-Frank protects whistleblowers who report alleged violations both internally and to the U.S. Securities and Exchange Commission.

Tweet Like LinkedIn LinkedIn Google Plus