SEC Awards Whistleblower Whose Tip Led to Opening of Investigation
BNY Mellon unit pays $1.5 million over ESG fund misstatements, SEC says
May 25, 2022
Continued SEC/FINRA “Complex” Product Concerns: Will Good Regulatory Harvest Arrive?
May 25, 2022SEC Awards Whistleblower Whose Tip Led to Opening of Investigation
at
On May 19, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award to an individual who voluntarily provided the agency with original information that led to a successful enforcement action.
Through the SEC Whistleblower Program, qualified whistleblowers are entitled to an award of 10-30% of the sanctions collected by the government in the enforcement action connected to their disclosure.
The SEC awarded the whistleblower approximately $16,000.
