Sep 11, 05:11 PM

SEC Fines Seven Companies $3 Million for Violating Rule 21F-17(a) Whistleblower Protections

Seven public companies have agreed to pay a combined $3 million to settle charges by the U.S. Securities and Exchange Commission (SEC) for violating whistleblower protections. The SEC announced on Monday that these companies used employment, separation, and other agreements that impeded whistleblowers from reporting potential misconduct to the regulator. The penalties, under Rule 21F-17(a), aim to strengthen compliance and deter future infractions.

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