SEC Issues $279 Million Whistleblower Award, Its Largest Ever

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SEC Issues $279 Million Whistleblower Award, Its Largest Ever
France Dernières Nouvelles,France Actualités
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The SEC said it has awarded nearly $279 million to a whistleblower who helped the regulator and other agencies bring enforcement actions

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The regulator didn’t name the case the award was connected to and didn’t identify the tipster, in keeping with its policiesThe Securities and Exchange Commission said it awarded a whistleblower who voluntarily provided original information that led to an enforcement action by the regulator as well as two related actions.

The securities market regulator announced the award Friday but didn’t name the case it is connected to or identify the tipster, in keeping with its policy of not divulging this information to the public.

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