The Occupational Safety and Health Administration (OSHA) recently announced the release of an interim final rule concerning whistleblowers. Specifically, the agency released an interim final rule that will help to protect workers who wish to avail themselves of whistleblower protections provided by the Consumer Financial Protection Act. The new interim final rule outlines timeframes and various procedures that workers must adhere to in order to receive protections under this act.
The Consumer Financial Protection Act specifically protects workers from employer retaliation. The employers affected by this act include mortgage loan companies, private educational loan lenders, payday loan servicers, debt relief companies, foreclosure relief providers, consumer credit companies and mortgage loan modification companies. Employees of these kinds of businesses will now be better protected against retaliation, should they choose to adhere to certain whistleblower requirements.
But this is not the only act that OSHA is tasked with enforcing whistleblower protections in regards to. OSHA helps to ensure that whistleblower provisions of more than 20 federal statutes are properly administered, enforced and otherwise respected. Many of these whistleblower protections help workers to speak up about workplace safety violations and risk of workplace accidents without fear of retaliation.
If you have questions about whistleblower protections and requirements, please speak to an experienced attorney. These protections can be immensely valuable, but if the whistle blowing process is not approached in the correct ways, it could hurt your chances of remaining fully protected under federal law. Speaking with an attorney before you take any action will help you to avoid actions that may endanger your protections.
Source: Occupational Safety & Health Administration, "OSHA issues interim final rule protecting whistleblowers under Consumer Financial Protection Act," April 3, 2014