Dodd Frank Whistleblower Cases Key Developments and Compliance Overview (2019-10-15)
Tuesday, October 15, 2019
12:00 pm – 1:00 pm Eastern
Several federal whistleblower protection laws apply to banks and credit unions. One of the most prominent, the Dodd-Frank Act, provides powerful monetary incentives for whistleblowers to report allegations of violations, as well as legal protections for doing so. Until recently, anti-retaliation protections were extended to whistleblowers who reported allegations internally. A recent Supreme Court ruling now requires whistleblowers to report violations directly to the SEC–and not just to their employers–in order to qualify for the Act’s anti-retaliation provisions.
This comprehensive training program will explain the practical impact of the ruling and provide specific guidance for preventing and responding to whistleblower complaints.
What You Will Learn:
- Overview of federal whistleblower protection laws
- What violations create whistleblower claims in the banking and financial services industries
- Current state of whistleblower cases and impact of Digital Realty Trust v. Somers
- Interplay between internal compliance programs and whistleblower claims
- Prohibited employer conduct and best practices for compliance
- Compliance guidance for preventing and responding to whistleblower complaints
BONUS Take-away: Downloadable Whistleblower Policy for your institution to implement today.
Dena Somers Esq / Founder finreg PARTNERS
Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance.
Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.
Attendance verification for CE credits provided upon request.
Webinar Sponsored by BankersHUB
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877
|Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location