Whistleblower Alert! The SEC announced an award of more than $13 million to a whistleblower whose information and assistance prompted the opening of an investigation and significantly contributed to the success of an SEC enforcement action.
Read next
Whistleblower Alert! The SEC awards whistleblower more than $37 million, meaning the fine levied ranged between $123,333,333 and $370,000,000 dollars.
The Securities and Exchange Commission (SEC) announced today a substantial award of more than $37 million to a whistleblower whose information and assistance were pivotal in a successful enforcement action. The whistleblower's internal reporting prompted their employer to conduct an investigation and self-report the findings to the SEC,
Korea's Act on the Protection of Virtual Asset Users to Take Effect from 7/19: "those who are found to have engaged in unfair trading activities may be subject to criminal punishment or penalty surcharge."
Korea's new Act on the Protection of Virtual Asset Users comes into force on July 19, 2024, marking a significant step in safeguarding users and regulating virtual asset service providers (VASPs). This follows a revision in March 2021, which required VASPs to register with financial authorities and introduced
Whistleblower Alert! The SEC awards more than $37 million to a Whistleblower--meaning the fine levied ranged between $123,333,333-$370,000,000 million.
The Securities and Exchange Commission (SEC) has announced a substantial award of more than $37 million to a whistleblower whose information played a crucial role in a successful enforcement action. The whistleblower provided previously unknown details, met with Enforcement staff, and identified potential witnesses and documents, significantly conserving staff time