Tuesday, 27 January 2015

Why The Whistleblower Protection Act Helps SEC Whistleblowers

Posted by Unknown at 14:01
By Bob Oliver


There are certain acts and laws which serve to help SEC whistleblowers. Just as importantly, they work to protect said individuals, which is great for those who may be fearful about their employment or personal safety in general. In order to expand on this idea, I believe that it is important to go over the Whistleblower Protection Act. If you're curious to know how this can help the aforementioned individuals, here are a few details to keep in mind.

For those who are curious, the Whistleblower Protection Act is specifically designed to help workers within the federal government. Specifically, they can draw attention to illegal activity and not be fired because of said actions. To say that this can alleviate much of the burden from SEC whistleblowers would be putting it lightly. However, I think that there's more to discuss, as I am sure authorities such as Whistleblowers Against Fraud would attest to as well.

In 1989, the WPA was put into effect by Congress. This was done so that SEC whistleblowers, regardless of where they worked, would be protected against potential retaliation from their employers. What this means is that if someone came under fire, because of their actions related to this topic, they would not find themselves out of work. However, seeing as how there are still those who suffer because of these sorts of endeavors, one has to wonder why this remains an issue.

A lack of knowledge may be the biggest enemy that comes with punishment which SEC whistleblowers receive. For example, if you go into a retail job and it's only your first week, you're not going to know all of the guidelines which workers should adhere to. The same can be said for the aforementioned men and women and what, exactly, the WPA has to offer. If this is learned about, early on, a lesser degree of concern may be seen.

As you can see, punishment should not be an issue when it comes to the idea of federal stability. There are certain actions which are illegal, meaning that attention should be drawn to them. However, when there's the looming possibility of punishment, either through termination of jobs or otherwise, it's clear that there is uncertainty to be had. With this in mind, you can clearly see why the WPA is not only useful but required.




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