state_legiscan_drain · NY
Provides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful covered enforcement action; protects whistleblowers from retaliation; authorizes the attorney general to adopt any necessary rules and regulations; makes related provisions.
April 17, 2025
Summary
If enacted, this bill would create a whistleblower incentive and protection program for reporting securities fraud to the New York Attorney General. It would allow whistleblowers who voluntarily provide original information leading to a successful enforcement action to receive awards, and would prohibit retaliation. The bill also authorizes the Attorney General to adopt implementing regulations.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://www.nysenate.gov/legislation/bills/2025/S7494
Common questions
- What does "Provides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful covered enforcement action; protects whistleblowers from retaliation; authorizes the attorney general to adopt any necessary rules and regulations; makes related provisions." cover?
- If enacted, this bill would create a whistleblower incentive and protection program for reporting securities fraud to the New York Attorney General. It…
- When was it published?
- It was published on April 17, 2025.