The Securities and Exchange Commission is enforcing whistleblower protections provided within the Dodd-Frank Wall Street Reform and Consumer Protection Act. It wants employers in Wisconsin and across the country to observe whistleblower protections in its employee contracts and agreements. The commission has requested documents from numerous companies in an effort to identify violations within confidentiality agreements, employment contracts and non-disclosure agreements.
In its case against KBR Inc., the commission issued a cease and desist order about its confidentiality agreements that barred employees from discussing information without permission from KBR attorneys. A threat of dismissal was included in the agreement. KBR settled the issue and revised its wording to state that an employee could report suspected violations of federal law to regulatory agencies.