However, rarely did these individuals receive rewards for their efforts. In reality, they would often fall onto hard times. But in 2010, with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a provision permits whistleblowers to:

Question

Social Studies

Sasha Richmond

12 September, 02:25

However, rarely did these individuals receive rewards for their efforts. In reality, they would often fall onto hard times. But in 2010, with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a provision permits whistleblowers to:

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Answers (1)

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Stephen Archer · Answer 1

to receive up to 30% of the penalty funds that exceed $1 million that the courts recover from companies proven to be in violation.

Explanation:

A whistleblower is an individual who reports illegalities or unethical behaviours in an organization. Prior to the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, whistleblowers are rarely rewarded for their honesty but with this legislature, whistleblowers are entitled to receive about 30% of the penalty funds that exceed one million dollars that the court recovers from a company that is found guilty of violation or unethical practices.