Certified Compliance and Ethics Professional (CCEP) Certification Practice Exam

Question: 1 / 400

What federal law governs the protection of whistleblowers in corporate settings?

Fair Labor Standards Act

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is the correct answer because it includes specific provisions aimed at protecting whistleblowers in corporate environments. Enacted in response to significant corporate scandals, this legislation aims to enhance transparency in financial reporting and to protect employees who report violations of securities laws or engage in other forms of corporate wrongdoing.

Under the Sarbanes-Oxley Act, whistleblowers are protected from retaliation by their employers, which includes any adverse employment action such as termination, demotion, or harassment. This legal framework encourages employees to come forward with information regarding fraud, misconduct, or illegal activities without the fear of reprisal.

The Fair Labor Standards Act primarily addresses wage and hour issues and does not specifically focus on whistleblower protections. The Occupational Safety and Health Act deals with workplace safety but is not primarily concerned with whistleblowing in the corporate context. The Health Insurance Portability and Accountability Act, while important for privacy and security of health information, does not address whistleblower protections in general corporate settings. Thus, the Sarbanes-Oxley Act stands out as the key federal law that directly governs whistleblower protection in the corporate sphere.

Get further explanation with Examzify DeepDiveBeta

Occupational Safety and Health Act

Health Insurance Portability and Accountability Act

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy