SEC’s Whistleblower Program Awards Another $3.5m

[kreslik.news]

The US Securities and Exchange Commission (SEC) whistleblower program is doling out its thanks in 2016, continuing into December on the heels of its latest information tip with $3.5 million being awarded, per an SEC filing.

Whistleblowing has become a staple of multiple US regulatory regimes, namely those of the US Commodity Futures Trading Commission (CFTC) and the SEC. Both entities have deployed programs or rewards to individuals in a bid to help support or streamline investigations – the SEC is equipped with the Office of the Whistleblower.

Knowledge is Power

Regulators have to date had no issue doling out substantial sums to ... (read more)