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The law prohibits retaliation against whistleblowers just as it prevents intimidation, discrimination, harassment, and other unlawful practices in the workplace.
C., association representing union and corporate pension funds.
In January, the SEC proposed stricter compensation disclosure rules and received an avalanche of comments -- some 20,000 and counting.
Now with the stock-options scandal spreading, Cox said the rules will specifically address reporting of stock options.
What appears is that a lot of these executives were intentionally backdating to guarantee a gain.
It was a pure motivation of greed." Bruce Vanyo, co-chair of the securities litigation practice at Katten Muchin Rosenman in Los Angeles, said he thinks some cases will turn out to be executives who were acting within the rules.
"Backdating must be fully disclosed," Cox said in the speech.