OSHA issues final rule on procedures for handling retaliation complaints under the Consumer Financial Protection Act of 2010

The United States Occupational Safety and Health Administration has issued a final rule establishing procedures for handling whistleblower retaliation complaints under the Consumer Financial Protection Act of 2010. Section 1057 of the CFPA protects employees against retaliation for reporting potential violations of consumer financial protection laws to their employer, Consumer Financial Protection Bureau or any other law enforcement or regulatory agency. “Whistleblowers serve as a check on the government and business, shining a light on illegal, unethical, or dangerous practices that otherwise may go uncorrected,” said Assistant Secretary of Labor for Occupational Safety and Health Dr. David Michaels. “This final rule protects employees of private financial institutions and businesses who stand up for what is right when the integrity of our financial system is being threatened.” This final rule establishes procedures, burdens of proof, remedies and statutes of limitations similar to other whistleblower protection statutes that OSHA administers. The rule implements statutory requirements created by Congress and creates no new obligations for employers or employees. OSHA enforces the whistleblower provisions of 22 statutes protecting employees who report violations of various workplace, commercial motor vehicle, airline, nuclear, pipeline, environmental, railroad, public transportation, maritime, consumer product, motor vehicle safety, health care reform, corporate securities, food safety and consumer financial reform regulations. Additional information is available at http://www.whistleblowers.gov.

OSHA, 17 March 2016 ;http://www.osha.gov ;