15-11-2019 20:59 via news.yahoo.com

Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash - sources

WASHINGTON/NEW YORK (Reuters) - The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers and advocates, people with knowledge of the deliberations told Reuters.Last year, the Securities and Exchange Commission (SEC) proposed reworking the program which allows the SEC to reward tipsters whose original information leads to a penalty exceeding $1 million with between 10% and 30% of the fine.Created after th
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