SEC issues $6 million reward to joint whistleblower

According to the official website of the US Securities and Exchange Commission (SEC), the SEC has awarded approximately $6 million to joint whistleblowers who provide critical information, facilitate investigations, and assist in enforcement actions. This reward comes from the Investor Protection Fund, which is composed of fines for violations and complies with the reporting reward mechanism stipulated in the Dodd Frank Act. The identity of the whistleblower will continue to be protected by confidentiality.