Who can whistleblowers file claims against under Dodd-Frank?

Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, whistleblowers are specifically protected when they report certain types of misconduct, particularly violations of securities laws. One of the significant aspects of Dodd-Frank is that it allows whistleblowers to file claims against their employers. This provision encourages employees to report illegal or unethical actions without fear of retaliation, promoting transparency and compliance within organizations.

The law includes incentives, such as potential monetary rewards based on the penalties collected from information provided by the whistleblower. This encourages individuals to come forward regarding their employer's wrongdoing, knowing they have legal protections and possibilities for financial compensation.

The other options do not align with the provisions of the Dodd-Frank Act regarding whistleblower claims. Whistleblowers are not limited to filing claims against government officials, industry competitors, or regulatory agencies under this legislation. Instead, the primary focus is on their employers' actions concerning breaches of federal securities laws.