SEC Awards More Than $5 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action.

The whistleblower provided a tip and additional information that helped SEC staff shape its investigative strategy, identify witnesses, and draft document and information requests. The whistleblower also internally reported concerns prior to submitting information to the SEC.

Source: SEC.gov | SEC Awards More Than $5 Million to Whistleblower