The Securities and Exchange Commission on Friday announced the award of more than $7 million to a whistleblower who provided “extensive and ongoing assistance” during the course of an investigation.
The $7 million award is the highest distributed by the SEC’s Office of the Whistleblower since bounties of $37 million and $13 million were handed out under the same covered action in March 2019. The SEC has awarded approximately $394 million to 73 individuals since issuing its first award in 2012.
