,,ii #aah? ,,congress #a/ ,session ,s4 #haa ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #ae1 #bjbc,mr4 ,grassley 7= himself1 ,ms4 ,w>r51 ,ms4 ,coll9s1 ,mr4 ,w>nock1 & ,ms4 ,cortez ,ma/o7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,securities ,ex*ange ,act ( #aicd to fur!r enhance anti-retaliation protections = :i/lebl[]s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,sec ,:i/lebl[] ,re=m ,act ( #bjbc4 #b4 ,:i/lebl[] protections = int]nal disclosures 7a7 ,9 g5]al ,section #ba;,f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f7 is am5d$-- 7#a7 9 subsection 7a77#f7-- 7,a7 by /rik+ ,! t]m & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,! t]m 2 & 7,b7 by add+ at ! end ! foll[+3 7,b7 ,special rule ,solely = ! purposes ( subsection 7h77#a71 ! t]m :i/lebl[] includes any individual :o takes1 or #b or m individuals act+ jo9tly :o take1 an action describ$ 9 subsection 7h77#a77;,a71 t ! individual or #b or m individuals reasonably believe relates to a violation ( any law1 rule1 or regulation subject to ! jurisdiction ( ! ,commission1 ! ,public ,company ,acc\nt+ ,ov]sight ,bo>d1 ! ,municipal ,securities ,rulemak+ ,bo>d1 or a self-regulatory organization4 2 & 7#b7 9 subsection 7h77#a7-- 7,a7 9 subp>agraph 7,a7-- 7i7 9 ! matt] prec$+ clause 7i71 by ins]t+ or po/-employm5t aft] ( employm5t2 7ii7 9 clause 7i71 by ins]t+ 1 9 writ+ or orally if ! oral report is docum5t$1 aft] to ! ,commission2 7iii7 9 clause 7ii71 by /rik+ or at ! end2 7iv7 9 clause 7iii71 by /rik+ ! p]iod at ! end & ins]t+ 2 or2 & 7v7 by add+ at ! end ! foll[+3 7iv7 9 provid+ in=mation reg>d+ any conduct t ! :i/lebl[] reasonably believes con/itutes a violation ( any law1 rule1 or regulation subject to ! jurisdiction ( ! ,commission to-- 7,i7 a p]son ) sup]visory au?ority ov] ! :i/lebl[] at ! employ] ( ! :i/lebl[]1 if t employ] is an entity regi/]$ )1 or requir$ to be regi/]$ )1 or o!rwise subject to ! jurisdiction (1 ! ,commission1 ! ,public ,company ,acc\nt+ ,ov]sight ,bo>d1 a self-regulatory organization1 or a ,/ate securities commission or (fice p]=m+ l functions2 or 7,,ii7 ano!r individual work+ = ! employ] describ$ 9 subclause 7,i7 :o ! :i/lebl[] reasonably believes has ! au?ority to-- 7aa7 inve/igate1 discov]1 or t]m9ate ! misconduct2 or 7bb7 take any o!r action to address ! misconduct4 2 & 7,b7 9 subp>agraph 7,b71 by add+ at ! end ! foll[+3 7iv7 ,jury trial ,a p]son aga9/ :i* an action is br\ght "u ?is subsection %all be entitl$ to a jury trial4 4 7b7 ,applicability ,! am5dm5ts made by subsection 7a7 %all apply to any claim involv+ a violation ( section #ba;,f7h77#a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f7;h77#a771 includ+ a claim 9 an en=cem5t action or proce$+ br\ght by ! ,securities & ,ex*ange ,commission1 t is-- 7#a7 p5d+ 9 any appropriate judicial or adm9i/rative =um1 z ( ! date ( enactm5t ( ?is ,act2 or 7#b7 fil$ aft] ! date ( enactm5t ( ?is ,act4 #c4 ,prompt paym5t ( aw>ds ,section #ba;,f7b7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f7;b77 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,timely process+ ( claims 7,a7 ,initial disposition 7i7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 ! ,commission %all make an initial disposition ) respect to a claim submitt$ by a :i/lebl[] = an aw>d "u ?is section 7ref]r$ to 9 ?is p>agraph z an aw>d claim7 n lat] ?an ! lat] (-- 7,i7 ! date t is #a ye> aft] ! deadl9e e/abli%$ by ! ,commission1 by rule1 = ! :i/lebl[] to file ! aw>d claim2 or 7,,ii7 ! date t is #a ye> aft] ! f9al resolution ( all litigation1 includ+ any appeals1 conc]n+ ! cov]$ action or relat$ action4 7ii7 ,multiple actions ,if an aw>d claim involves #a or m relat$ actions1 ! requirem5t "u clause 7i7 %all apply ) respect to ! late/ deadl9e ) respect to ! actions4 7,b7 ,exceptions 7i7 ,initial ext5sion ,if ! ,director ( ! ,division ( ,en=cem5t ( ! ,commission 7ref]r$ to 9 ?is p>agraph z ! ,director71 or ! designee ( ! ,director1 det]m9es t an aw>d claim is suffici5tly complex or involves m ?an #a :i/lebl[]1 or if o!r good cause exi/s su* t ! ,commission _c reasonably satisfy ! requirem5ts "u subp>agraph 7,a71 z det]m9$ by ! ,director or ! designee1 z applicable1 ! ,director or ! designee1 aft] provid+ notice to ! ,*airman ( ! ,commission 7ref]r$ to 9 ?is p>agraph z ! ,*airman71 may ext5d ! deadl9e ) respect to ! satisfaction ( ^? requirem5ts by n m ?an #ahj days4 7ii7 ,additional ext5sions ,if1 aft] provid+ an ext5sion "u clause 7i71 ! ,director1 or ! designee ( ! ,director1 det]m9es t good cause exi/s su* t ! ,commission _c reasonably satisfy ! requirem5t "u subp>agraph 7,a71 ! ,director or ! designee ( ! ,director1 may ext5d ! deadl9e describ$ 9 clause 7i7 z ne$$ = #a or m additional successive #ahj-;day p]iods only aft] provid+ notice to & receiv+ approval f ! ,commission4 7iii7 ,notice to :i/lebl[] requir$ ,if ! ,director1 or ! designee ( ! ,director1 ex]cises au?ority "u clause 7i7 or 7ii71 ! ,director or ! designee1 z applicable1 %all submit to ! :i/lebl[] :o fil$ ! aw>d claim t is subject to t action by ! ,director or ! designee a writt5 notification ( t action4 7,c7 ,applicability ,?is p>agraph %all apply only to an aw>d claim t ! ,director ( ! designee ( ! ,director det]m9es is timely submitt$ "u a deadl9e e/abli%$ by ! ,commission aft] ! date ( enactm5t ( ?is p>agraph4 4 #d4 ,non5=ceability ( c]ta9 provisions 7a7 ,9 g5]al ,section #ba;,f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,non5=ceability ( c]ta9 provisions waiv+ rights & rem$ies or requir+ arbitration 7#a7 ,waiv] ( rights & rem$ies ,! rights & rem$ies provid$ 9 ?is section may n be waiv$ by any agreem5t1 policy =m1 or condition ( employm5t1 includ+ by a pr$ispute arbitration agreem5t4 7#b7 ,pr$ispute arbitration agreem5t ,no pr$ispute arbitration agreem5t %all be valid or en=ceable if ! agreem5t requires ! arbitration ( a dispute aris+ "u ?is section4 4 7b7 ,applicability ,subsection 7k7 ( section #ba;,f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f71 z add$ by subsection 7a71 %all apply ) respect to any action t is fil$ on or aft]1 or t is p5d+ z (1 ! date ( enactm5t ( ?is ,act4 #e4 ,rulemak+ au?ority ,! ,securities & ,ex*ange ,commission may issue any rules t are necess>y or appropriate to c>ry out ?is ,act consi/5t ) ! purposes ( section #ba;,f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghu-#f71 z am5d$ by ?is ,act4