SEC: Whistle-blower program floated
The SEC recently proposed a rule that would implement a whistleblower program. Essentially, the program would reward individuals…
The SEC recently proposed a rule that would implement a whistleblower 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. The enforcement would have to involve monetary sanctions totaling more than $1 million. For more details, visit www.sec.gov.
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