New York S07494 provides securities fraud whistleblower incentives and protections.

New York S07494, also known as the GRIFT Act, provides for securities fraud whistleblower incentives and protections. It defines terms such as "covered enforcement action" and "original information." The bill grants whistleblower awards for individuals or entities who voluntarily provide original information to the attorney general that leads to a successful enforcement action. It protects whistleblowers from retaliation and authorizes the attorney general to adopt necessary rules and regulations.

New York S07494 provides securities fraud whistleblower incentives and protections.

New York S07494, also known as the GRIFT Act, provides for securities fraud whistleblower incentives and protections. It defines terms such as "covered enforcement action" and "original information." The bill grants whistleblower awards for individuals or entities who voluntarily provide original information to the attorney general that leads to a successful enforcement action. It protects whistleblowers from retaliation and authorizes the attorney general to adopt necessary rules and regulations.