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The SEC distributes $ 28 million to the whistleblower



The Securities and Exchange Commission said on Tuesday that it has allocated more than $ 28 million to a whistleblower whose information led to successful enforcement actions. which led the company to launch an internal investigation and save staff time and resources by giving testimony and identifying a key witness.

The SEC said last month that they allocated the record $ 114 million to a whistleblower. The Division of Enforcement's 2020 annual report, released Monday, said the agency has "made efforts to streamline and significantly accelerate the evaluation of claims for whistleblower awards." the whistleblower program, in which the commission distributes a total of $ 1

75 million to 39 people, both larger than any other year in the tory program.

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