Second Circuit Holds That Dodd Frank’s Whistleblower Protection Provisions Extend To Allegations Reported Internally Even If Not Reported To the SEC
On September 10, 2015, the United States Court of Appeals for the Second Circuit, deferring to the interpretation of the Securities and Exchange Commission (“SEC”), held that the Dodd-Frank Act’s anti-retaliation provision protects employees who reported suspected wrongdoing internally, but did not similarly report it to the SEC prior to suffering retaliation.