Micah Lasher’s Bills
A8016 · 2025–2026

Enacts the government response to insider fraud and trading act relating to securities fraud whistleblower incentives and protections

In committee Codes Committee

Provides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful covered enforcement action; protects whistleblowers from retaliation; authorizes the attorney general to adopt any necessary rules and regulations; makes related provisions.

Official record

Official summary · NYS Open LegislationProvides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful covered enforcement action; protects whistleblowers from retaliation; authorizes the attorney general to adopt any necessary rules and regulations; makes related provisions.

What it does: AN ACT to amend the general business law, the financial services law, the state finance law and the executive law, in relation to enacting the "government response to insider fraud and trading act" relating to securities fraud whistleblower incentives and protections

Legislative history

  1. 2025-04-22Assembly: REFERRED TO BANKS
  2. 2025-05-28Assembly: REPORTED REFERRED TO CODES
  3. 2025-06-09Assembly: REPORTED REFERRED TO RULES
  4. 2025-06-09Assembly: AMEND AND RECOMMIT TO RULES 8016A
  5. 2026-01-07Assembly: REFERRED TO CODES