The co-founder of a Las Vegas-based software company has agreed to pay a $97,523 fine to settle charges laid by the Securities and Exchange Commission (SEC) that he impeded a whistleblower’s attempt to communicate with the agency about a securities law violation.

David Hansen, co-founder and former chief information officer at fraud detection and prevention software company NS8, agreed to pay the fine for violating the SEC’s whistleblower rule without admitting or denying the agency’s findings. He also consented to a cease-and-desist order.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...