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[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2515 Referred in Senate (RFS)]

<DOC>
116th CONGRESS
  1st Session
                                H. R. 2515

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             July 10, 2019

Received; read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 AN ACT

 
     To amend the Securities and Exchange Act of 1934 to amend the 
definition of whistleblower, to extend the anti-retaliation protections 
          provided to whistleblowers, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Whistleblower Protection Reform Act 
of 2019''.

SEC. 2. WHISTLEBLOWER.

    Section 21F of the Securities Exchange Act of 1934 (15 U.S.C. 78u-
6) is amended--
            (1) in subsection (a)(6)--
                    (A) by striking ``(6) Whistleblower.--The term'' 
                and inserting the following:
            ``(6) Whistleblower.--
                    ``(A) In general.--The term''; and
                    (B) by adding the following new subparagraph at the 
                end:
                    ``(B) Special rule.--Solely for the purposes of 
                subsection (h)(1), the term `whistleblower' shall also 
                include any individual who takes an action described in 
                subsection (h)(1)(A), or two or more individuals acting 
                jointly who take an action described in subsection 
                (h)(1)(A).''; and
            (2) in subsection (h)(1)(A)--
                    (A) in clause (ii), by striking ``or'' at the end;
                    (B) in clause (iii), by striking the period at the 
                end and inserting ``; or''; and
                    (C) by adding at the end the following:
                            ``(iv) in providing information regarding 
                        any conduct that the whistleblower reasonably 
                        believes constitutes a violation of any law, 
                        rule, or regulation subject to the jurisdiction 
                        of the Commission to--
                                    ``(I) a person with supervisory 
                                authority over the whistleblower at the 
                                whistleblower's employer, where such 
                                employer is an entity registered with 
                                or required to be registered with the 
                                Commission, a self-regulatory 
                                organization, or a State securities 
                                commission or office performing like 
                                functions; or
                                    ``(II) such other person working 
                                for the employer described under 
                                subclause (I) who has the authority to 
                                investigate, discover, or terminate 
                                misconduct.''.

            Passed the House of Representatives July 9, 2019.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.
```