Ms. Holtzee’s experience isn’t uncommon: Laywers representing whistleblowers say it is hard to collect bounties in some of the most famously fraud-prone areas policed by the SEC, including penny stocks, pyramid schemes and U.S.-listed Chinese companies.
The reason is simple: Those cases are notoriously hard for the SEC to recover sanctions….
via Whistleblowers Find SEC Rewards Slow and Scarce – WSJ
