As used in this part:
(1) "Adverse action" means to:
- (a) discharge, threaten, or directly or indirectly harass an employee; or
(b) otherwise discriminate against an employee in any manner that affects the employee's employment, including:
- (i) compensation;
- (ii) terms;
- (iii) conditions;
- (iv) location;
- (v) rights;
- (vi) immunities;
- (vii) promotions; or
- (viii) privileges.
- (2) "Covered judicial or administrative action" means a judicial or administrative action brought under this chapter that results in a monetary sanction exceeding $50,000.
- (3) "Employee" means an individual who performs a service for wages or other remuneration under a contract of hire, written or oral, express or implied.
- (4) "Fund" means the Securities Investor Education, Training, and Enforcement Fund created in Section 61-1-18.7.
(5) "Original information" means information that is:
- (a) derived from the independent knowledge or analysis of an individual;
- (b) not known to the division or commission from a source other than the individual; and
(c) unless the individual is the source of the information, not exclusively derived from:
- (i) an allegation made in a judicial or administrative hearing;
- (ii) a government report, hearing, audit, or investigation; or
- (iii) the media.
- (6) "Monetary sanction" means money required to be paid under this chapter as the result of a judicial or administrative action, including a penalty or disgorgement.
- (7) "Reporter" means an individual who provides original information relating to a violation in accordance with Section 61-1-103.
Enacted by Chapter 318, 2011 General Session