The SEC awards $6 million to joint whistleblowers
ChainCatcher News, according to the official website of the U.S. Securities and Exchange Commission (SEC), the SEC has issued approximately $6 million in rewards to joint whistleblowers who provided key information, prompted the initiation of investigations, and assisted in enforcement actions.
This reward comes from the investor protection fund constituted by fines from violations, in accordance with the whistleblower reward mechanism established by the Dodd-Frank Act. The identity of the whistleblower will continue to be kept confidential.
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