SEC Modifies Whistleblower Program, Boosting Payouts

SEC cyber probe

Responding to concerns raised by advocates, the Securities and Exchange Commission (SEC )voted Friday to lift a cap on whistleblower awards imposed during the Trump administration. The SEC’s change removes the Wall Street regulator’s ability to deny awards to tipsters who would otherwise be eligible for a payout from another agency. The vote reverses a… Continue reading SEC Modifies Whistleblower Program, Boosting Payouts