The U.S. Securities and Exchange Commission's whistleblowerprogram reached a milestone on Aug. 30.
Five years after the program was created under the Dodd-Frankfinancial reform law, the second-largest bounty in thewhistleblower office's history pushed the awards total past the$100 million mark—and the SEC was ready to celebrate.
In addition to theannouncement of the day's more than $22 millionaward, the SEC issued a separatepress release in which SEC Chairwoman Mary Jo Whitedescribed the whistleblower program as a “game changer for theagency in its short time of existence.”
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