SEC Rewards Whistleblower With $150,000 Payout; This Is One Part Of Dodd Frank That Is Working

Monday, November 04, 2013 10:50
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SEC Rewards Whistleblower With $150,000 Payout; This Is One Part Of Dodd Frank That Is Working

Tags: compliance | fraud | sec

The Securities and Exchange Commission today announced an award of more than $150,000 to a whistleblower whose tips helped the agency stop a scheme that was defrauding investors. 

While the July 2010 enactment of Dodd-Frank legislation has been a slow and messy process, this was the sixth whistleblower to be awarded through the SEC’s whistleblower program since it began two years ago. This will help increase trust in the U.S. investment system.
 

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