SEC. 2. AMENDMENTS TO THE FINANCIAL INSTITUTIONS 
ANTI-FRAUD ENFORCEMENT ACT OF 1990. 
(a) RIGHTS OF DECLARANTS.—Section 2565(d) of 
the Financial Institutions Anti-Fraud Enforcement Act of 
1990 (12 U.S.C. 4205(d)(1)(A)) is amended— 
(1) in paragraph (1)(A)— 
(A) by redesignating clause (ii) as clause 
(iii); and 
(B) by striking clause (i) and inserting the 
following: 
‘‘(i) Not less than 10 percent, in total, 
of what has been collected in any recovery 
imposed in the action or related actions. 
‘‘(ii) Not more than 30 percent, in 
total, of what has been collected in any re-
covery imposed in the action or related ac-
tions.’’; and 
(2) by adding at the end the following new 
paragraph: 
‘‘(3) APPEALS.—Any determination regarding 
an award under this section may, within 30 days of 
such determination, be appealed to the appropriate 
court of appeals of the United States.’’. 
(b) PROTECTION FOR DECLARANTS.—The Financial 
Institutions Anti-Fraud Enforcement Act of 1990 (12 
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U.S.C. 4212) is amended by striking section 2572 and in-
serting the following: 
‘‘SEC. 2572. PROTECTION FOR DECLARANTS. 
‘‘(a) REMEDY.—In a civil action, a person may obtain 
all relief necessary to make such person whole if such per-
son— 
‘‘(1) was discharged, demoted, suspended, 
threatened, harassed, or in any other manner dis-
criminated against in the terms and conditions of 
employment by an employer because of lawful acts 
done by the person on behalf of the person or others 
in furtherance of a prosecution under section 215, 
225, 287, 656, 657, 1001, 1005, 1006, 1007, 1014, 
1032, 1341, 1343, 1344, or 1517 of title 18 (includ-
ing provision of information relating to, investigation 
for, initiation of, testimony for, or assistance in such 
a prosecution); and 
‘‘(2) did not act without direction from his or 
her employer to deliberately cause the violation dis-
closed. 
‘‘(b) RELIEF.—Relief under subsection (a) shall in-
clude— 
‘‘(1) reinstatement with the same seniority sta-
tus; 
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‘‘(2) twice the amount of back pay and interest 
that the plaintiff would have had but for the dis-
crimination; and 
‘‘(3) compensation for any special damages sus-
tained as a result of the discrimination, including 
litigation costs, expert witness fees, and reasonable 
attorneys fees. 
‘‘(c) BURDENS
OF PROOF.—Complaints for relief 
shall be governed by the procedures, evidentiary stand-
ards, and burdens of proof in section 1057 of the Dodd- 
Frank Wall Street Reform and Consumer Protection Act 
(12 U.S.C. 5567).’’. 
(c) EDUCATION.—Section 2573 of the Financial In-
stitutions Anti-Fraud Enforcement Act of 1990 (12 
U.S.C. 4213) is amended— 
(1) by striking ‘‘The Attorney General’’ and in-
serting the following: 
‘‘(a) IN GENERAL.—The Attorney General’’; and 
(2) by adding at the end the following: 
‘‘(b) EDUCATION.—The Attorney General shall issue 
regulations requiring every employer covered by this Act 
to provide education and training to its employees on the 
rights and remedies provided under this section, including 
through individual notice to its employees, posting infor-
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mation on its website homepage, and providing mandatory 
training for its employees.’’. 
(d) SHARE OF ASSETS.—Section 2580 of the Finan-
cial Institutions Anti-Fraud Enforcement Act of 1990 (12 
U.S.C. 4225) is amended by striking subsection (c) and 
inserting the following: 
‘‘(c) SHARE OF ASSETS.—When the United States 
recovers any asset or assets specifically identified in a 
valid declaration filed under section 4221 of this title and 
the Attorney General determines that the asset or assets 
would not have been recovered if the declaration had not 
been filed, the declarant shall have the right to share in 
the recovery in the amount of— 
‘‘(1) not less than 10 percent, in total, of what 
has been collected in any recovery imposed in the ac-
tion or related actions; and 
‘‘(2) not more than 30 percent, in total, of what 
has been collected in any recovery imposed in the ac-
tion or related actions.’’. 
(e) REVIEW OF ACTION BY ATTORNEY GENERAL.— 
The Financial Institutions Anti-Fraud Enforcement Act 
of 1990 (12 U.S.C. 4228) is amended by striking section 
2583 and inserting the following: 
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‘‘SEC. 2583. REVIEW OF ACTION BY THE ATTORNEY GEN-
ERAL. 
‘‘Any determination regarding an award under this 
chapter may, within 30 days of such determination, be ap-
pealed to the appropriate court of appeals of the United 
States.’’. 
SEC. 3. AMENDMENTS TO THE FEDERAL DEPOSIT INSUR-
ANCE ACT. 
(a) EMPLOYEES OF DEPOSITORY INSTITUTIONS AND 
BANKING AGENCIES.—Section 33(a) of the Federal De-
posit Insurance Act (12 U.S.C. 1831j(a)) is amended— 
(1) in paragraph (1)— 
(A) in the matter preceding subparagraph 
(A), by striking ‘‘provided information’’ and in-
serting ‘‘provided information, or refused to 
alter information previously provided,’’; and 
(B) in subparagraph (A), by striking ‘‘a 
possible violation of any law or regulation’’ and 
inserting ‘‘a possible violation of any law, regu-
lation, or agency statement of policy’’; and 
(2) in paragraph (2)— 
(A) by striking ‘‘the Corporation’’ and in-
serting ‘‘any such agency or bank’’; 
(B) by striking ‘‘provided information’’ 
and inserting ‘‘provided information, or refused 
to alter information previously provided,’’; and 
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(C) by striking ‘‘any possible violation of 
any law or regulation’’ and inserting ‘‘any pos-
sible violation of any law, regulation, or agency 
statement of policy’’. 
(b) REWARD FOR INFORMATION LEADING TO RECOV-
ERIES OR CIVIL PENALTIES.—Section 34 of such Act (12 
U.S.C. 1831k) is amended— 
(1) by striking subsection (b) and inserting the 
following: 
‘‘(b) PERCENTAGE
LIMITATION.—An appropriate 
Federal banking agency shall pay a reward— 
‘‘(1) not less than 10 percent, in total, of what 
has been collected as any fine, penalty, restitution, 
or forfeiture imposed in the action or related ac-
tions; and 
‘‘(2) not more than 30 percent, in total, of what 
has been collected as any fine, penalty, restitution, 
or forfeiture imposed in the action or related ac-
tions.’’; and 
(2) by striking subsection (d) and inserting the 
following: 
‘‘(d) REVIEW.—Any determination regarding an 
award under this section may, within 30 days of such de-
termination, be appealed to the appropriate court of ap-
peals of the United States.’’. 
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SEC. 4. AMENDMENTS TO THE SECURITIES EXCHANGE ACT 
OF 1934. 
(a) NARROW DEFINITION OF WHISTLEBLOWER RE-
MOVED.—Section 21F(a) of the Securities Exchange Act 
of 1934 (15 U.S.C. 78u–6(a)) is amended by striking 
paragraph (6). 
(b) DELAY.—Section 21F(c)(1)(B) of the Securities 
Exchange Act of 1934 (15 U.S.C. 78u–6(c)(1)(B)) is 
amended— 
(1) in clause (i)(IV), by striking ‘‘and’’ at the 
end; and 
(2) by adding at the end the following new 
clauses: 
‘‘(iii) shall not deny eligibility for an 
award that otherwise meets the require-
ments of this section if the information 
that forms the basis for the award is sub-
mitted within 90 days after knowledge of 
disclosed misconduct; and 
‘‘(iv) shall presume that reports are 
timely and not reduce the award due to 
delay, absent a finding of that disclosure 
was deliberately postponed ether because of 
culpability, interference with internal inves-
tigative processes, or attempts at self-en-
richment.’’. 
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(c) PROHIBITION AGAINST RETALIATION.—Section 
21F(h)(1)(A) of the Securities Exchange Act of 1934 (15 
U.S.C. 78u–6(h)(1)(A)) is amended— 
(1) in the matter preceding clause (i), by strik-
ing ‘‘in the terms and conditions of employment be-
cause of any lawful act done by the whistleblower’’ 
and inserting ‘‘with respect to compensation, terms, 
conditions, or privileges of employment because of 
any lawful act done by the applicant, employee, or 
former employee or perceived to have been done by 
the applicant, employee, or former employee (or any 
person acting pursuant to the request of the appli-
cant, employee, or former employee), whether at the 
initiative of the applicant, employee, or former em-
ployee or in the ordinary course of the duties of the 
applicant, employee, or former employee’’; 
(2) in clause (ii) by striking ‘‘; or’’ and insert-
ing a semicolon; 
(3) in clause (iii) by striking the period at the 
end and inserting a semicolon; and 
(4) by adding at the end the following new 
clauses: 
‘‘(iv) in objecting to, or refusing to 
participate in, any activity, policy, practice, 
or assigned task the applicant, employee, 
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or former employee (or other such person) 
reasonably believed to be in violation of 
any law, rule, order, standard, or prohibi-
tion subject to the jurisdiction of, or en-
forceable by, the Commission; or 
‘‘(v) in providing, preparing to pro-
vide, or assisting in the provision of infor-
mation to the employer or a person with 
supervisory authority over the employee (or 
other such person working for the em-
ployer who has the authority to investigate, 
discover, or terminate misconduct) relating 
to any violation of, or any act or omission 
that the applicant, employee, or former 
employee believes to be a violation of, any 
provision of this title or any other provi-
sion of law that is subject to the jurisdic-
tion of the Commission, or any rule, order, 
standard, or prohibition prescribed by the 
Commission.’’. 
(d) ENFORCEMENT.—Section 21F(h)(1)(B) of the 
Securities Exchange Act of 1934 (15 U.S.C. 78u– 
6(h)(1)(B)) is amended by adding at the end the following 
new clause: 
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‘‘(iv) BURDENS
OF
PROOF.—Except 
as otherwise provided in this section, com-
plaints for relief shall be governed by the 
procedures, evidentiary standards, and 
burdens of proof in section 1057 of the 
Dodd-Frank Wall Street Reform and Con-
sumer Protection Act (12 U.S.C. 5567).’’. 
(e) RELIEF.—Section 21F(h)(1)(C) of the Securities 
Exchange Act of 1934 (15 U.S.C. 78u–6(h)(1)(C)) is 
amended— 
(1) in clause (ii) by striking ‘‘and’’; 
(2) in clause (iii) by striking the period at the 
end and inserting a semicolon; and 
(3) by adding at the end the following new 
clauses: 
‘‘(iv) compensatory damages; and 
‘‘(v) punitive damages in an amount 
not to exceed $250,000.’’. 
(f) CONFIDENTIALITY.—Section 21F(h)(2) of the Se-
curities Exchange Act of 1934 (15 U.S.C. 78u–6(h)(2)) 
is amended by striking subparagraph (A) and inserting 
the following: 
‘‘(A) IN GENERAL.—Except as provided in 
subparagraphs (B), (C), and (D) of this sub-
section, the Commission and any officer or em-
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ployee of the Commission may not disclose any 
identifying information about a whistleblower 
who has provided information to the Commis-
sion— 
‘‘(i) unless the Commission has ob-
tained the written consent of the whistle-
blower; 
‘‘(ii) except in accordance with the 
provisions of section 552a of title 5, 
United States Code; or 
‘‘(iii) unless required to be disclosed 
to a defendant or respondent in connection 
with a public proceeding instituted by the 
Commission.’’. 
(g) ADDITIONAL
PROTECTIONS
FOR
WHISTLE-
BLOWERS.—Section 21F of the Securities Exchange Act 
of 1934 (15 U.S.C. 78u–6) is amended by adding at the 
end the following new subsections: 
‘‘(k) NON-WAIVERABILITY
OF RIGHTS
AND REM-
EDIES.—An employer may not take any action to impede 
an individual who is about to or has assisted or engaged 
in activity protected by this section, including— 
‘‘(1) issuing, proposing, initiating, enforcing, or 
threatening to enforce, a confidentiality agreement 
(other than agreements dealing with information 
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covered 
by 
sections 
240.21F–4(b)(4)(i) 
and 
240.21F–4(b)(4)(ii) of title 17, Code of Federal 
Regulations, as in effect on the date of the enact-
ment of this Act) with respect to such communica-
tions; 
‘‘(2) initiating, enforcing, or threatening to en-
force, any agreement, policy, form, or condition of 
employment, including by any predispute arbitration 
agreement, that waives the rights and remedies pro-
vided for in this section; 
‘‘(3) requiring an individual to waive, release, 
or assign any monetary award such individual may 
receive from the Commission, or conditioning an in-
dividual’s right to receive any contractual or employ-
ment-related benefit on such a waiver, release, or as-
signment; 
‘‘(4) requiring an individual to disclose to any 
private party whether such individual has, or in the 
future intends to, communicate with the Commission 
staff about a possible commodities law violation; 
‘‘(5) conditioning an individual’s right to receive 
any contractual or employment-related benefit on a 
representation that such individual has not commu-
nicated with, or provided documents or other infor-
mation, to the Commission staff; 
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‘‘(6) seeking civil or criminal liability for ac-
quiring and communicating information to the Com-
mission or other activity protected by this section; 
‘‘(7) seeking professional discipline through loss 
of license, certification, or other disciplinary activi-
ties for engaging in activity protected by this Act; 
‘‘(8) seeking professional discipline of attorneys 
for representation of activities protected by this Act, 
or other action that obstructs the whistleblower’s 
right to counsel; or 
‘‘(9) engaging in any other discrimination that 
would chill the exercise of activity protected by this 
section. 
‘‘(l) INTERNAL COMPLIANCE PROGRAMS.—The Com-
mission shall issue regulations requiring each employer— 
‘‘(1) to have a procedure in place for an em-
ployee or former employee to report directly to the 
chief executive officer, a representative appointed by 
and reporting directly to the chief executive officer 
who is specifically designated to receive such a re-
port, or through a hotline consistent with profes-
sional best practices to the audit committee of the 
board of directors, if such employee or former em-
ployee believes that violations of this section have oc-
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curred or are occurring at the place of employment 
or place of former employment; and 
‘‘(2) to not discriminate against an employee or 
former employee for such reports. 
‘‘(m) EXTRATERRITORIALITY.—The protections pro-
vided by this section shall also apply to foreign nationals 
living outside the United States.’’. 
SEC. 5. AMENDMENTS TO THE COMMODITY EXCHANGE 
ACT. 
(a) NARROW DEFINITION OF WHISTLEBLOWER RE-
MOVED.—Section 23(a) of the Commodity Exchange Act 
(7 U.S.C. 26(a)) is amended by striking paragraph (7). 
(b) DELAY.—Section 23(c)(1)(B) of the Commodity 
Exchange Act (7 U.S.C. 26(c)(1)(B)) is amended— 
(1) in clause (i)(IV), by striking ‘‘and’’ at the 
end; and 
(2) by adding at the end the following new 
clauses: 
‘‘(iii) shall not deny eligibility for an 
award that otherwise meets the require-
ments of this section if the information 
that forms the basis for the award is sub-
mitted within 90 days after knowledge of 
disclosed misconduct; and 
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‘‘(iv) shall presume that reports are 
timely and not reduce the award due to 
delay, absent a finding of that disclosure 
was deliberately postponed ether because of 
culpability, interference with internal inves-
tigative processes, or attempts at self-en-
richment.’’. 
(c) PROHIBITION AGAINST RETALIATION.—Section 
23(h)(1)(A) of the Commodity Exchange Act (7 U.S.C. 
26(h)(1)(A)) is amended— 
(1) by striking ‘‘in the terms and conditions of 
employment because of any lawful act done by the 
whistleblower’’ and inserting ‘‘with respect to com-
pensation, terms, conditions, or privileges of employ-
ment because of any lawful act done by the appli-
cant, employee, or former employee or perceived to 
have been done by the applicant, employee, or 
former employee (or any person acting pursuant to 
the request of the applicant, employee, or former 
employee), whether at the initiative of the applicant, 
employee, or former employee or in the ordinary 
course of the duties of the applicant, employee, or 
former employee’’; 
(2) in clause (i), by striking ‘‘; or’’ and insert-
ing a semicolon; 
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(3) in clause (ii), by striking the period at the 
end and inserting a semicolon; and 
(4) by inserting the following new clauses: 
‘‘(iii) in objecting to, or refusing to 
participate in, any activity, policy, practice, 
or assigned task the applicant, employee, 
or former employee (or other such person) 
reasonably believed to be in violation of 
any law, rule, order, standard, or prohibi-
tion subject to the jurisdiction of, or en-
forceable by, the Commission; or 
‘‘(iv) in providing, preparing to pro-
vide, or assisting in the provision of infor-
mation to the employer or a person with 
supervisory authority over the employee (or 
such other person working for the em-
ployer who has the authority to investigate, 
discover, or terminate misconduct) relating 
to any violation of, or any act or omission 
that the whistleblower believes to be a vio-
lation of, any provision of this title or any 
other provision of law that is subject to the 
jurisdiction of the Commission, or any 
rule, order, standard, or prohibition pre-
scribed by the Commission.’’. 
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(d) ENFORCEMENT.—Section 23(h)(1)(B) of the 
Commodity Exchange Act (7 U.S.C. 26(h)(1)(B)) is 
amended by adding at the end the following new clause: 
‘‘(iv) BURDENS
OF
PROOF.—Except 
as otherwise provided in this section, com-
plaints for relief shall be governed by the 
procedures, evidentiary standards, and 
burdens of proof in section 1057 of the 
Dodd-Frank Wall Street Reform and Con-
sumer Protection Act (12 U.S.C. 5567).’’. 
(e) RELIEF.—Section 23(h)(1)(C) of the Commodity 
Exchange Act (7 U.S.C. 26(h)(1)(C)) is amended— 
(1) in clause (ii) by striking ‘‘and’’; 
(2) in clause (iii) by striking the period at the 
end and inserting a semicolon; and 
(3) by adding at the end the following new 
clauses: 
‘‘(iv) compensatory damages; and 
‘‘(v) punitive damages in an amount 
not to exceed $250,000.’’. 
(f) CONFIDENTIALITY.—Section 23(h)(2) of the 
Commodity Exchange Act (7 U.S.C. 26(h)(2)) is amend-
ed— 
(1) by striking subparagraph (A) and inserting 
the following: 
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‘‘(A) IN GENERAL.—Except as provided in 
subparagraphs (B), (C), and (D) of this sub-
section, the Commission and any officer or em-
ployee of the Commission may not disclose any 
identifying information about a whistleblower 
who has provided information to the Commis-
sion— 
‘‘(i) unless the Commission has ob-
tained the written consent of the whistle-
blower; 
‘‘(ii) except in accordance with the 
provisions of section 552a of title 5, 
United States Code; or 
‘‘(iii) unless required to be disclosed 
to a defendant or respondent in connection 
with a public proceeding instituted by the 
Commission’’; and 
(2) by adding at the end the following new sub-
paragraph: 
‘‘(D) EXEMPTED STATUTE.—For purposes 
of section 552 of title 5, United States Code, 
this paragraph shall be considered a statute de-
scribed in subsection (b)(3)(B) of such section 
552.’’. 
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(g) ADDITIONAL
PROTECTIONS
FOR
WHISTLE-
BLOWERS.—Section 23 of the Commodity Exchange Act 
(7 U.S.C. 26) is amended by adding at the end the fol-
lowing new subsections: 
‘‘(o) NON-WAIVERABILITY
OF RIGHTS
AND REM-
EDIES.—An employer may not take any action to impede 
an individual who is about to or has assisted or engaged 
in activity protected by this section, including— 
‘‘(1) issuing, proposing, initiating, enforcing, or 
threatening to enforce, a confidentiality agreement 
(other than agreements dealing with information 
covered by section 165.2(k) of title 17, Code of Fed-
eral Regulations, as in effect on the date of the en-
actment of this Act) with respect to such commu-
nications; 
‘‘(2) initiating, enforcing, or threatening to en-
force, any agreement, policy, form, or condition of 
employment, including by any predispute arbitration 
agreement, that waives the rights and remedies pro-
vided for in this section; 
‘‘(3) requiring an individual to waive, release, 
or assign any monetary award such individual may 
receive from the Commission, or conditioning an in-
dividual’s right to receive any contractual or employ-
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ment-related benefit on such a waiver, release, or as-
signment; 
‘‘(4) requiring an individual to disclose to any 
private party whether such individual has, or in the 
future intends to, communicate with the Commission 
staff about a possible violation of this Act; 
‘‘(5) conditioning an individual’s right to receive 
any contractual or employment-related benefit on a 
representation that such individual has not commu-
nicated with, or provided documents or other infor-
mation, to the Commission staff; 
‘‘(6) seeking civil or criminal liability for ac-
quiring and communicating information to the Com-
mission or other activity protected by this section; 
‘‘(7) seeking professional discipline through loss 
of license, certification or other disciplinary activities 
for engaging in activity protected by this Act; 
‘‘(8) seeking professional discipline of attorneys 
for representation of activities protected by this Act, 
or other action that obstructs the whistleblower’s 
right to counsel; or 
‘‘(9) engaging in any other discrimination that 
would chill the exercise of activity protected by this 
section. 
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‘‘(p) 
INTERNAL
COMPLIANCE
PROGRAMS.—The 
Commission shall issue regulations requiring each em-
ployer— 
‘‘(1) to have a procedure in place for an em-
ployee or former employee to report directly to the 
chief executive officer, a representative appointed by 
and reporting directly to the chief executive officer 
who is specifically designated to receive such a re-
port, or through a hotline consistent with profes-
sional best practices to the audit committee of the 
board of directors, if such employee or former em-
ployee believes that a violation of this section has oc-
curred or is occurring at the place of employment or 
place of former employment; and 
‘‘(2) to not discriminate against an employee or 
former employee for such reports. 
‘‘(q) EXTRATERRITORIALITY.—The protections pro-
vided by this section shall also apply to foreign nationals 
living outside the United States.’’. 
SEC. 6. AMENDMENTS TO THE WHISTLEBLOWER PROTEC-
TIONS UNDER THE SARBANES-OXLEY ACT. 
Section 1514A of title 18, United States Code, is 
amended— 
(1) in subsection (a)— 
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(A) in the matter preceding paragraph (1), 
by striking ‘‘in the terms and conditions of em-
ployment because of any lawful act done by the 
employee’’ and inserting ‘‘with respect to com-
pensation, terms, conditions, or privileges of 
employment because of any lawful act done by 
the applicant, employee, or former employee or 
perceived to have been done by the applicant, 
employee, or former employee (or any person 
acting pursuant to the request of the applicant, 
employee, or former employee), whether at the 
initiative of the applicant, employee, or former 
employee or in the ordinary course of the duties 
of the applicant, employee, or former em-
ployee’’; 
(B) in paragraph (1)(C), by striking ‘‘; or’’ 
and inserting a semicolon; 
(C) in paragraph (2), by striking the pe-
riod at the end and inserting a semicolon; and 
(D) by adding at the end the following: 
‘‘(3) in objecting to, or refusing to participate 
in, any activity, policy, practice, or assigned task the 
applicant, employee, or former employee (or other 
such person) reasonably believed to be in violation of 
any law, rule, order, standard, or prohibition subject 
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to the jurisdiction of, or enforceable by, the Securi-
ties and Exchange Commission; or 
‘‘(4) in providing, preparing to provide, or as-
sisting in the provision of information to the em-
ployer or a person with supervisory authority over 
the applicant, employee, or former employee (or such 
other person working for the employer who has the 
authority to investigate, discover, or terminate mis-
conduct) relating to any violation of, or any act or 
omission that the whistleblower believes to be a vio-
lation of, any provision of this title or any other pro-
vision of law that is subject to the jurisdiction of the 
Securities and Exchange Commission, or any rule, 
order, standard, or prohibition prescribed by the 
Commission.’’; 
(2) in subsection (c)(2)(B), by inserting ‘‘dou-
ble’’ before ‘‘back pay’’; 
(3) in subsection (c), by adding at the end the 
following: 
‘‘(3) PUNITIVE DAMAGES.—Relief for any ac-
tion under paragraph (1) may include punitive dam-
ages in an amount not to exceed $250,000.’’; and 
(4) by adding at the end the following: 
‘‘(e) CONFIDENTIALITY.—Neither the Securities and 
Exchange Commission, the Secretary of Labor, nor any 
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