U.S. Supreme Court: Dodd-Frank whistleblower protection is narrow

WASHINGTON - (AP) - The Supreme Court says whistleblower protections passed by Congress after the 2008 financial crisis only apply to people who report problems to the government, not more broadly.

The justices ruled Wednesday that a part of the Dodd-Frank Act that protects whistleblowers from being fired, demoted or harassed only applies to people who report legal violations to the U.S. Securities and Exchange Commission. They said employees who report problems to their company's management but not the commission don't qualify.

People who report issues to their company's management are still protected against retaliation but under an older law, the 2002 Sarbanes-Oxley Act. But the two laws differ in a number of ways, including how long people have to bring a lawsuit and how much money they can get in compensation.

More Stories in the News