The United States House of Representatives recently passed the Whistleblower Protection Reform Act (“WPRA”). The WPRA is aimed to fill in gaps in the whistleblower protections provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”), as interpreted by the U.S. Supreme Court in Digital Realty Trust Inc. v. Somers.
The U.S. Securities and Exchange Commission ("SEC") announced that it has awarded an overseas whistleblower $500,000.
The Commodity Futures Trading Commission (“CFTC”) has awarded a whistleblower $2.5 million for reporting a violation of U.S. trading laws.
The U.S. Commodity Futures Trading Commission (CFTC) recently announced a whistleblower award of over $2 million to an individual for providing expert analysis in conjunction with a related action instituted by another federal regulator.
The SEC announced that it has awarded two whistleblowers a total of $50 million. The SEC received $267 million stemming from a settlement with JPMorgan Chase & Co.
The SEC has awarded a whistleblower $1 million for reporting information that helped the agency successfully prosecute a registered entity that harmed retail customers.
Since its inception in 2011, the SEC’s whistleblower program has awarded more than $111 million to 34 whistleblowers.
We post Notices of Covered Action for each Commission action where a final judgment or order, by itself or together with other prior judgments or orders in the same action issued after July 21, 2010, results in monetary sanctions exceeding $1 million.
The SEC awarded over a million dollars to a compliance professional who provided information that assisted the SEC in an enforcement action against the whistleblower’s company.
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WealthFeed leverages proprietary AI technology to collect nine real-time financial data points, including business sales, capital raises, inheritances, and job changes.
The Securities and Exchange Commission (SEC) is ramping up its enforcement efforts targeting off-channel communications, particularly text messages, among investment advisory firms.
B. Riley Financial Inc. has encountered a setback in filing its audited results within an extended timeframe, adding to existing pressure amid concerns raised by short sellers regarding its association with a former business partner.
