SEC Pays Whistleblower for Tip
The SEC awarded nearly $1 million to a whistleblower for coming forward with information that led to multiple SEC enforcement actions. This is the second award issued in less than one week.
Jane Norberg, Chief of the SEC Office of the Whistleblower, stated:
"[W]e hope to continue to encourage individuals to submit high-quality tips that we can leverage to enforce the law and protect investors. . . ."
To date, the SEC whistleblower program has awarded more than $136 million to 37 whistleblowers since issuing its first award in 2012.
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