SEC: Whistle-blower program floated
The SEC recently proposed a rule that would implement a whistle-blower program. Essentially, the program would reward individuals…
The SEC recently proposed a rule that would implement a whistle-blower program. Essentially, the program would reward individuals who voluntarily provided regulators with information about a violation of federal securities laws that led to successful enforcement. Also, the enforcement would have to
involve monetary sanctions totaling more than $1 million. Comments were due last month. For more details, click here
Learn more about reprints and licensing for this article.