The Securities and Exchange Commission (SEC) has announced nearly $4 million in whistleblower awards this week, though changes to agency’s tipster program set to be discussed Wednesday will once again hit the back burner.
The larger of the two awards, announced Tuesday, was unusual in that the whistleblowers were not corporate insiders but instead a pair of analysts whose “highly probative independent analysis” of a public company’s filings led to “several successful enforcement actions.”
