SEC awards $6 million reward to whistleblower

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PANews
04-22
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PANews reports on April 22 that according to the U.S. Securities and Exchange Commission (SEC) website, the SEC has issued approximately $6 million in rewards to joint whistleblowers who provided key information, initiated the investigation, and assisted in enforcement actions. This reward comes from the investor protection fund composed of regulatory fines, in line with the whistleblower reward mechanism specified in the Dodd-Frank Act. The whistleblowers' identities will continue to be kept confidential.

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