Proskauer Attorneys Evaluate the Dodd-Frank Whistleblower Program and Its Future Under the Trump Administration

Although President Trump recently issued executive orders aimed at reducing regulatory oversight, the situation at many U.S. regulatory agencies largely remains business as usual. See “BakerHostetler Panel Analyzes the Trump Effect on the SEC’s Initiatives and Enforcement Efforts” (May 4, 2017); and “How the Trump Administration’s Core Principles for Financial Regulation May Benefit the U.S. Funds Industry” (Feb. 16, 2017). A recent Proskauer Rose program examined the efforts of the SEC’s Office of the Whistleblower to date under the Trump administration; the SEC’s continuing scrutiny of confidentiality provisions that deter whistleblowing; and the potential impact on whistleblowing of a recent regulatory action and the appointment of Neil Gorsuch to the Supreme Court. The program featured Proskauer partner Lloyd B. Chinn and senior counsel Harris M. Mufson. This article summarizes the panelists’ thoughts most relevant to fund managers. For additional insights from Proskauer attorneys, see “Ten Key Risks Facing Private Fund Managers in 2017” (Apr. 6, 2017). For further insight from Chinn, see “Three Best Practices for Reconciling the Often Conflicting Sources of Privacy Rights of Hedge Fund Manager Employees (Part Two of Three)” (Apr. 11, 2014).

To read the full article

Continue reading your article with a PELR subscription.