A whistleblower has been awarded $27 million by the U.S. Securities and Exchange Commission (SEC), the largest award this year and the sixth-largest payout ever.

The whistleblower tipped off the SEC about misconduct “occurring, in part, overseas,” then provided investigative leads “that advanced the investigation and saved significant Commission resources,” according to the agency’s news release.

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:...