The Securities and Exchange Commission (SEC) has yesterday awarded two whistleblowers a total of $50 million ($37 million and $13 million) for their high-quality information. LeapRate reminds that SEC gave away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) back in 2017 and awarded $39 million to…
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The Australian Securities and Investments Commission (ASIC) issued a statement applauding the enactment of the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018 by Parliament on 19 February 2019. According to the new laws: The definition of a whistleblower now includes former and current employees, contractors and officers as well as their spouses and children.…
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The Securities and Exchange Commission (SEC) has informed the public that it is awarding $39 million to one whistleblower and $15 million to another whose critical information and continued assistance helped the agency bring an important enforcement action. The $39 million award is the second-largest award in the history of the SEC’s whistleblower program. Whistleblowers…
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The Securities and Exchange Commission (SEC) has announced that is giving away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank, Bloomberg shared yesterday. The…
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The Securities and Exchange Commission (SEC) announced an award of more than $7 million split among three whistleblowers who helped the SEC prosecute an investment scheme. One whistleblower provided information that was a primary impetus for the start of the SEC’s investigation. That whistleblower will receive more than $4 million. Two other whistleblowers jointly provided…
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