Today the U.S. securities regulators announced they have awarded an insane $14 million to a whistleblower who helped enforcement lawyers with an investigation that helped recover “substantial” investor funds.
Since the 2010 Dodd-Frank Wall Street reform law was passed, the Securities and Exchange Commission was given the ability to offer incentives to those who tattletale.
Today marks the biggest whistleblower incentive payout since that program began.
The “rat” wants to remain anonymous and the case isn’t being released. I have some ideas…do you?