Category Archives: Securities & Exchange Commission

The Complaint Came Too Late: J.P. Morgan Caught Filing FINRA Complaints After Firing Whistleblower

A former broker for J.P. Morgan Chase was fired by the bank due, in part, to complaints about him filed by current and former customers with the Financial Industry Regulatory Authority (FINRA). However, later investigations determined both that some of … Continue reading

Posted in Confidentiality, New York, Retaliation, Securities & Exchange Commission, Whistleblower, Wrongful Termination | Leave a comment

SEC Takes Action Against Employer Confidentiality Clauses That Could Limit Employee Whistleblowing

Recently, the Securities Exchange Commission (“SEC”) warned that it will investigate and take administrative action against employers who require employees to sign confidentiality agreements/statements prohibiting the employees from communicating the employer’s possible securities law violations to the SEC (i.e. whistleblowing).

Posted in Confidentiality, Employee Policies & Procedures, Employment Contracts, Noncompete Agreements, Securities & Exchange Commission, Whistleblower | Tagged | Leave a comment