SEC Awards Whistleblower Over $37 Million for Investigation Assistance

Reported 3 months ago

The SEC announced that an anonymous whistleblower will be awarded more than $37 million for providing crucial information that aided in a successful investigation of financial misconduct. By identifying potential witnesses and key documents, the whistleblower significantly contributed to the enforcement action. This reflects the effectiveness of the SEC's whistleblower program, established to incentivize reporting of misconduct.

Source: YAHOO

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