SEC awards whistleblower $1.8 million for ‘stellar information’. Exposing Misconduct.

SEC awards whistleblower $1.8 million for ‘stellar information’

August 30, 2019

The Securities and Exchange Commission awarded more than $1.8 million to a whistleblower who provided critically important information and assistance to an enforcement action involving overseas misconduct.

The SEC’s redacted award order (pdf) didn’t provide other details about the whistleblower or the company involved.

By law, the SEC protects the confidentiality of whistleblowers and doesn’t disclose information that could reveal their identity.

The SEC said the whistleblower provided “extensive and ongoing cooperation” that included the “review of documents and the provision of sworn testimony.”

Read more here.
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