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GOP House Considers Adopting Clean Hands Rule for SEC Whistleblower Program

Posted: February 22, 2017

The Chairman of the House Financial Services Committee, Jeb Hensarling, R-Tex., recently issued a memo outlining a plan to implement sweeping changes to a bill he introduced last year known as the Financial CHOICE Act. Hensarling’s five-page memorandum, titled “CHOICE Act 2.0 Changes,” outlines revisions to the draft legislation which could strip significant power from the SEC and sharply impact that agency’s Whistleblower Program.

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