Two senators are urging regulators to aggressively enforce a law the lawmakers
crafted to protect workers who report corporate wrongdoing, the Associated Press
reports.
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Download NowSenators Charles Grassley and Patrick Leahy, who wrote the whistleblower provisions
of the Sarbanes-Oxley Act of 2002, are asking the Securities and Exchange Commission
to report on its plan for enforcing "criminal violations" of the whistleblower
law.
The Senators wrote to the SEC following a recent civil enforcement action by
the Occupational Safety and Health Administration. OSHA said CheckFree Corp.
must pay $103,000 to a former worker who said the company fired him because
he accused the company of using deceptive marketing and overstating revenue,
the AP reports. Both the whistleblower and the company are appealing the preliminary
ruling, the news service notes.
Leahy tells the news service that the ruling is a ''clear opportunity (for
the SEC) to show and tell the public how it will be handling allegations that
could form the basis for a criminal violation of the whistleblower provisions."
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