Daily Archives: August 6, 2018, 12:16 pm

SEC Whistleblower Payouts Slow Amid Deluge of Reward Seekers – WSJ

The Securities and Exchange Commission has become a magnet for tips—both good and bad—after publicizing its mega-bounties, including an $82 million award given in March to three tipsters who told regulators about a complex scheme at Bank of America Corp. involving misused customer cash and securities. The commission acknowledges the process can be improved, and partly blames requests from unworthy…

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