SEC Issues Largest Ever Whistleblower Award of $279 Million

The U.S. Securities and Exchange Commission (SEC) has given its largest ever award of almost $279 million to a whistleblower whose information was crucial in an enforcement action by the regulator. The SEC did not reveal the case involved, but the award shows there is a significant incentive for whistleblowers to come forward with accurate information about potential securities law violations. Reuters reports: The award is more than double the $114 million that it had issued in October 2020. "As