The title is a little bit mis-leading. The last line in the article:<p>“But the danger is this would give people an incentive to go the SEC rather than to someone in their company. That’s the bad news. Every company wants people to report internally so they can fix things quickly.”<p>suggests that textualism would result in employees reporting problems/misconduct to the SEC rather than to the company, which I think most companies would consider a less desirable outcome.