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WGU C206 Ethical Leadership Topic: Legal and Regulatory Exam | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions $13.48
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WGU C206 Ethical Leadership Topic: Legal and Regulatory Exam | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions

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WGU C206 Ethical Leadership Topic: Legal and Regulatory Exam | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions

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WGU C206 Ethical Leadership Topic: Legal and Regulatory Exam | Questions & Answers
(100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers |
With Expert Solutions

Dodd-Frank Wall Street Reform and Consumer Protection Act - Passed in the wake of the 2008-2009
financial crisis.



Dodd-Frank Wall Street Reform and Consumer Protection Act - The SEC will pay 10 to 30% of the
amount the government recovers from financial fraud if the whistleblower provides original information
leading to a recovery of more than a million dollars.



False Claims Act - Whistleblowers who report corporate wrongdoing against the government to
prosecutors can be awarded 15 to 30% of whatever damages the federal government recovers, which
are to be three times the damages the government has sustained.



False Claims Act - Since the government has recovered billions of dollars since the law's inception, this
has become a powerful incentive for some employees to tell all to prosecutors.



Sarbanes-Oxley Act (SOX) - Passed in 2002, this act provides whistleblowers in publicly traded
companies with revolutionary new protections if they "make a disclosure to a supervisor, law-
enforcement agency, or congressional investigator that could have a 'material impact' on the value of a
company's shares."



Sarbanes-Oxley Act (SOX) - Under the law, board committees must set up procedures for hearing
whistleblower concerns; executives who retaliate can be held criminally liable and can go to prison for
up to 10 years; the Labor Department can force a company to rehire a whistleblower who has been
fired; and workers who have been fired can request a jury trial after six months.



Sarbanes-Oxley Act (SOX) - Does not provide for financial incentives and does not protect employees at
private companies.



U.S. Sentencing Guidelines - The sentencing guidelines were designed to use a "carrot and stick"
approach to managing corporate crime. The carrot provides incentives to organizations to develop a
strong internal control system to detect and manage illegal behavior.

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