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News Link • Whistleblowers

An SEC Whistleblower Just Got $14 Million From The Government

• Business Insider

The Securities and Exchange Commission announced its largest whistleblower award ever today, more than $14 million to an insider who helped recoup investor funds.

The whistleblower "provided original information and assistance that allowed the SEC to investigate an enforcement matter more quickly than otherwise would have been possible," the SEC said in a statement.

Under Dodd-Frank, whistleblowers can now land an award of up to 30% of the money collected when sanctions exceed $1 million.

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