Daily Archives: September 15, 2021, 2:07 pm

SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million

The Securities and Exchange Commission today announced awards of approximately $110 million and $4 million to two whistleblowers whose information and assistance led to successful SEC and related actions.  With these awards, the SEC’s whistleblower program has now paid more than $1 billion in awards to 207 whistleblowers, including over $500 million in fiscal year 2021 alone. The $110 million…

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SEC is short staffed, needs more help to police crypto, China-linked firms, Gensler says

Chairman Gary Gensler said Wednesday that the SEC is trying to juggle an unprecedented list of financial challenges with a smaller staff. “We are short staffed,” Gensler told CNBC’s “Squawk on the Street.” “It might sound odd to say that at an agency with 4,400 remarkable, dedicated staff working remotely during this challenging pandemic. But that’s 4% to 5% less…

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