Key Points
Washington DC [US], December 23 (ANI): The US financial markets regulator announced awards of more than USD 28 million combined to seven individuals whose information and assistance led to a successful enforcement action...
Each of the claimants provided information that significantly contributed to an investigation, the Securities and Exchange Commission (SEC) said in a statement...
The single claimant and first set of joint claimants provided significant and detailed information early in the investigation, which saved staff considerable time and resources..
These whistleblowers provided valuable information and substantial assistance that played a critical role in the SEC returning millions of dollars to harmed investors, said Creola Kelly, Chief of the SECs Office of the Whistleblower...
Whistleblowers may be eligible for an award when they voluntarily provide it with original, timely, and credible information that leads to a successful enforcement action...
