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 โ€œoccurring, in part, overseas,โ€ then provided investigative leads โ€œthat advanced the investigation and saved significant Commission resources,โ€ according to the agencyโ€™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:...