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Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, an employee who reports potential consumer financial law violations to the CFPB in good faith is protected from employer retaliation. Which of the following BEST describes the scope of prohibited retaliatory actions?

Ethics · 18% of the SAFE exameasy

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Correct answer: Demotion, harassment, suspension, or termination

Dodd-Frank's whistleblower provisions protect employees who report violations from a broad range of retaliatory actions, including termination, demotion, suspension, harassment, and any other adverse employment action. "Denial of a scheduled salary increase only" correctly captures the most common and severe forms of prohibited retaliation. "Transfer to a higher-paying position with expanded r..." is too narrow — while denying a salary increase can be retaliatory, the protections extend well beyond salary-related actions alone. "Demotion, harassment, suspension, or termination" (transfer to a higher-paying position with expanded responsibilities) would represent a benefit, not retaliation. "Voluntary reassignment requested by the employee" (voluntary reassignment requested by the employee) is initiated by the employee, not the employer, and does not constitute retaliation.

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