H.R.2515 - Whistleblower Protection Reform Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Green, Al [D-TX-9] (Introduced 05/03/2019)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Meetings:||05/08/19 2:00PM|
|Latest Action:||Senate - 07/10/2019 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Roll Call Votes:||There has been 1 roll call vote|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Text: H.R.2515 — 116th Congress (2019-2020)All Information (Except Text)
Text available as:
Referred in Senate (07/10/2019)
Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs
To amend the Securities and Exchange Act of 1934 to amend the definition of whistleblower, to extend the anti-retaliation protections provided to whistleblowers, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Whistleblower Protection Reform Act of 2019”.
Section 21F of the Securities Exchange Act of 1934 (15 U.S.C. 78u–6) is amended—
(A) by striking “(6) Whistleblower.—The term” and inserting the following:
“(A) IN GENERAL.—The term”; and
(B) by adding the following new subparagraph at the end:
“(B) SPECIAL RULE.—Solely for the purposes of subsection (h)(1), the term ‘whistleblower’ shall also include any individual who takes an action described in subsection (h)(1)(A), or two or more individuals acting jointly who take an action described in subsection (h)(1)(A).”; and
(A) in clause (ii), by striking “or” at the end;
(B) in clause (iii), by striking the period at the end and inserting “; or”; and
(C) by adding at the end the following:
“(iv) in providing information regarding any conduct that the whistleblower reasonably believes constitutes a violation of any law, rule, or regulation subject to the jurisdiction of the Commission to—
“(I) a person with supervisory authority over the whistleblower at the whistleblower’s employer, where such employer is an entity registered with or required to be registered with the Commission, a self-regulatory organization, or a State securities commission or office performing like functions; or
“(II) such other person working for the employer described under subclause (I) who has the authority to investigate, discover, or terminate misconduct.”.
Passed the House of Representatives July 9, 2019.
|Attest:||cheryl l. johnson,|