Image: http://www.investadvocate.com.
[In 2017], the Securities and Exchange Commission today announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers.
“Today’s award reflects the impact that whistleblower information can have in uncovering violations that harm the retail investor,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. “We welcome high-quality information about potential securities-law violations from those in and outside a company.”
More than $162 million has been awarded to 47 whistleblowers. By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal a whistleblower’s identity. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Read more***
America On Coffee 
Things happening up always tumble down.💦
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That is the pattern.
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While appreciating whistle-blowers for high crimes of which most of us would remain in the dark, there is a caution here for minor misdemeanors that can result in neighbors becoming “informants” on neighbors, e.g., in subdivisions with HOAs.
Now this is extending to communities being challenged to “turn in violators” who do not wear masks or refuse vaccination. The net result could be a police state similar to the USSR that depended on “citizen-reporters” to identify and prosecute those who disagreed with the government agenda.
Tread carefully. Someone’s smart-phone may be recording you.
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Well said.
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