MO SB1032

Creates a "Whistleblower Program" within the securities commissioner's office to receive and evaluate information about potential violations of securities law while maintaining confidentiality and anonymity of whistleblowers.

Authorizes the commissioner to pay monetary awards to whistleblowers whose information contributes to successful enforcement actions, with awards capped at 30 percent of total monetary sanctions imposed, funded through the "Investor Education and Protection Fund."

Prohibits whistleblower awards to regulatory agency members, employees, or officers; those convicted of criminal violations related to the action; or those failing to submit information in required form, with awards reduced by at least 25 percent if whistleblower violated securities law.

Requires broker-dealers, investment advisers, issuers, and other securities firms to post notices about the whistleblower program in conspicuous workplace locations and provide information to all new employees, including a toll-free number and state website address.

Protects whistleblowers from discharge, demotion, suspension, threat, harassment, or discrimination by employers, with prevailing whistleblowers entitled to reinstatement, back pay with interest, and compensation for damages including litigation costs and attorneys' fees.