SEC’s Whistleblower Office Hands Out $7 Million Award to Three Tipsters

[kreslik.news]

A group of three whistleblowers were awarded decent sums by the Securities and Exchange Commission (SEC) for their efforts to uncover securities law violations made by an investment scheme.

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The SEC’s Office of the Whistleblower today announced that the agency gave an award of $7.0 million split among three whistleblowers for providing information that led to a successful enforcement action. This brings the whistleblower program’s total endowment to approximately $149 million since issuing its first award in 2012. On the other side ... (read more)