SEC Issues $24 Million Awards to Two Whistleblowers

Enabling an SEC Enforcement Action

Date:

Autor: Funds Society, Miami

The first whistleblower will receive an award of $4 million, while the second whistleblower will receive an award of $20 million

Payments to whistleblowers are made out of an investor protection fund, established by Congress, which is financed entirely through monetary sanctions paid to the SEC by securities law violators

Los denunciantes pueden optar a una indemnización cuando proporcionan voluntariamente a la SEC información original, oportuna y creíble que conduce a una acción de aplicación exitosa