Request Legal Help Now - Free


$17M Awarded to Financial Services Sector Whistleblower

Washington, DC: The US Securities and Exchange Commission (SEC) has, this week, awarded a $17 million bounty to a former employee in the financial services industry, who will remain anonymous, as part of its whistleblower program.

The award is the second-largest issued by the SEC since its whistleblower program began nearly five years ago. The SEC issued a $30 million award in September 2014 and a $14 million award in October 2013.

By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal a whistleblower' identity.

The SEC' whistleblower program has now awarded more than $85 million to 32 whistleblowers since the program' inception in 2011.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Jun-10-16


Please read our comment guidelines before posting.

Note: Your name will be published with your comment.

Your email will only be used if a response is needed.

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free