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26 February, 23:41

However, rarely did these individuals receive rewards for their efforts. In reality, they would often fall onto hard times. But in 2010, with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a provision permits whistleblowers to:

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  1. 26 February, 23:49
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    to receive up to 30% of the penalty funds that exceed $1 million that the courts recover from companies proven to be in violation.

    Explanation:

    A whistleblower is an individual who reports illegalities or unethical behaviours in an organization. Prior to the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, whistleblowers are rarely rewarded for their honesty but with this legislature, whistleblowers are entitled to receive about 30% of the penalty funds that exceed one million dollars that the court recovers from a company that is found guilty of violation or unethical practices.
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