SEC Pays Whistleblower $37 Million for Aiding Enforcement Action

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The Securities and Exchange Commission (SEC) has
awarded a whistleblower $37 million for providing information that played an important
role in a successful enforcement action. The whistleblower provided unique
information previously unknown to the SEC, significantly aiding its investigation.Whistleblower’s Crucial ContributionAccording to the regulator’s statement, the
unidentified individual conserved valuable SEC resources and time by meeting
with the enforcement staff and pinpointing potential witnesses and documents…
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