Washington · statute · Wash. Rev. Code ch. 21.40 · 11 active provisions
The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Monetary sanction" means any moneys, including penalties, disgorgement, and interest, ordered to be paid as a result of an administrative or judicial action.(2) "Original information" means information that…
The securities administrator may adopt such rules and regulations as may be necessary or appropriate to implement the provisions of this chapter consistent with its purpose.
Subject to the provisions of this chapter, the securities administrator may award an amount to one or more whistleblowers who voluntarily provide original information in writing, and in the form and manner required by the securities administrator, to the securities division that leads to the successful enforcement of a…
Any individual who anonymously makes a claim must be represented by counsel. Prior to the payment of an award, a whistleblower shall disclose their identity and provide such other information as the securities division may require, directly or through counsel, for the whistleblower.
If the securities administrator determines to make one or more awards under RCW 21.40.020, the aggregate amount of awards that may be awarded in connection with an administrative or judicial action may not be less than 10 percent nor more than 30 percent of the monetary sanctions imposed and collected in the related ad…
The determination of the amount of an award made under this chapter shall be in the discretion of the securities administrator consistent with RCW 21.40.040 and 21.40.060.
Any whistleblower awards paid under this chapter shall be paid from the securities prosecution fund established in RCW 43.320.115.
In determining the amount of an award under this chapter, the securities administrator shall consider:(1) The significance of the original information provided by the whistleblower to the success of the administrative or judicial action;(2) The degree of assistance provided by the whistleblower in connection with the a…
The securities administrator shall not provide an award to a whistleblower under this section if the whistleblower:(1) Is convicted of a felony in connection with the administrative or judicial action for which the whistleblower otherwise could receive an award;(2) Acquires the original information through the performa…
(1) No employer may directly or indirectly terminate, discharge, demote, suspend, threaten, harass, or in any other manner retaliate against, an individual because of any lawful act done by the individual:(a) In providing information to the state or other law enforcement agency concerning a possible violation of state…
Chapter 149, Laws of 2023 may be known and cited as the whistleblower award and protection act.