The Securities and Exchange Commission on Aug. 29 announced an award of more than $1.8 million to a whistleblower whose information and assistance were “critically important” to the success of an enforcement action involving misconduct committed overseas.
After alerting the agency to the violations, the whistleblower provided “extensive and ongoing cooperation” throughout the investigation, the SEC said, including the review of documents and the provision of sworn testimony, as well as providing additional new information that advanced the investigation.
