About Us  |   Contact Us  |   Register  | Login  |   

Follow HedgeWorld on Twitter HedgeWorld on LinkedIn






HEDGEWORLD NEWS
Search the News
Advanced News Search
HedgeWorld News by Region
United States / Americas
Europe
Asia / Australia
International
HedgeWorld News Sections
Managed Futures & Derivatives
Daily News
Regulatory/Legal
Strategies/Analysis
Technology
Opinion
People
Indexes
Other News Features
Most Popular
LexisNexis Headlines
Reuters Headlines
The HedgeWorld Blog
Alternative Advantage Daily Newsletter
RSS Service
Sign Up For Email News Alerts
Reprints



U.S. SEC awards record $14 mln to whistleblower
10/01/2013 Email this story  |  Printable Version

WASHINGTON, Oct 1 (Reuters) - U.S. securities regulators announced Tuesday they have awarded a record $14 million to a whistleblower who helped enforcement lawyers with an investigation that helped recover "substantial" investor funds.

This marks the largest-ever whistleblower award the Securities and Exchange Commission has paid out since it launched its new whistleblower incentive program under the 2010 Dodd-Frank Wall Street reform law.

The SEC did not identify the case, saying the whistleblower wishes to remain anonymous. (Reporting by Sarah N. Lynch; Editing by Gerald E. McCormick)


Email This Story to a Friend   |   Display Printable Version of This Story

Story Copyright © 1999-2014 Reuters HedgeWorld All rights reserved.

HedgeWorld News is sponsored by:






Lipper    Privacy   User Policy  Legal Disclosure Copyright/DMCA  Site Map    FAQ    Glossary  Thomson Reuters for Hedge Funds
All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of HedgeWorld content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. HedgeWorld is a registered trademark of Thomson Reuters.