The U.S. Securities and Exchange Commission has issued its sixth whistleblower payment, awarding a tipster $150,000 for helping to stop a scheme that was defrauding investors.
November 01, 2013 at 09:00 PM
1 minute read
The U.S. Securities and Exchange Commission has issued its sixth whistleblower payment, awarding a tipster $150,000 for helping to stop a scheme that was defrauding investors.
The Oct. 30 payment comes one month after the SEC awarded a record $14 million to another anonymous whistleblower. Lawyers see the payments as a clear sign that the program continues to pick up steam.
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