SEC Awards More Than $10 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $10 million to a whistleblower who provided information and assistance that significantly contributed to a successful SEC enforcement action.

The whistleblower provided important documents and met twice with Enforcement staff. The charges in the covered action had a close nexus with the whistleblower’s allegations, which were critical to the underlying investigation.

Source: SEC.gov | SEC Awards More Than $10 Million to Whistleblower