The US Securities and Exchange
has launched a whistleblower programme.

The aim of
the programme is to help report violations
of the federal securities laws and apply for a
financial award, implementing the Dodd-Frank
whistleblower programme.

To be eligible, the whistleblower’s
information must lead to a successful SEC enforcement action with
more than $1m in monetary sanctions.

“Early and quick law enforcement action
is the key to preventing securities fraud and avoiding investor
losses, and the whistleblower program gives us the tools to help
achieve that goal,” SEC’s division of enforcement director Robert
Khuzami said.

SEC’s Office of the whistleblower chief
Sean McKessy said: “Securities fraud is not a victimless crime.
That’s why it is so important for people to step forward when they
witness an ongoing securities fraud or learn about one that has
taken place or is about to occur.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.