The Securities and Exchange Commission (SEC) will seek to undo several changes to the agency’s whistleblower program enacted during the Trump administration.
Thursday’s proposed amendments to rules that guide the whistleblower program would allow whistleblowers to qualify for an SEC award even if they might be eligible for an award under another regulatory award program. Another change would clarify that even in cases of large awards (more than $100 million), the SEC would not move to reduce the size of the payout.
