SEC issues record whistleblower award of $279M By Cointelegraph
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The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million.
The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions that are larger than $1 million. To receive such an award, the whistleblower needs to have provided information that directly assists the SEC in successfully imposing enforcement actions on a particular case.
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The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million.
The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions that are larger than $1 million. To receive such an award, the whistleblower needs to have provided information that directly assists the SEC in successfully imposing enforcement actions on a particular case.
Continue Reading on Coin Telegraph