Question

Which of the following laws instituted a whistle-blower bounty program in which whistle-blowers are eligible to receive 10 to 30 percent of fines if their reports result in convictions of more than $1 million in penalties?
A) Title VII of the Civil Rights Act.
B) The Sherman Antitrust Act.
C) The Federal Sentencing Guidelines for Organizations.
D) The Sarbanes-Oxley Act.
E) The Dodd-Frank Act.

Answer 1

Answer:

The Dodd-Frank Act.

Explanation:

A section of the Dodd-Frank Wall Street Reform and Consumer Protection Act, gives the provision that eligible whistleblowers who gives useful and original information to the SEC Shall receive awards from the Commission.

To be eligible, the whistleblowers must possess original information concerning possible violation of the federal securities laws that is in occurrence, likely to occur or already occurred.