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> That may mean a big payday for Mr. Burris. If the S.E.C. deems he gave it “original information” the leads to a successful enforcement action, he ... would be
by jstoiko 11y ago
> That may mean a big payday for Mr. Burris. If the S.E.C. deems he gave it “original information” the leads to a successful enforcement action, he ... would be entitled to a bounty of ... $20 million to $60 million.
I wasn't aware the S.E.C. had a bounty program in place. That's quite the amount, probably more than he could have made in a lifetime at JP Morgan.
- d_t_w 11y agoThe IRS have something similar, Bradley Birkenfeld received more than $100M when he blew the whistle against UBS. https://en.wikipedia.org/wiki/Bradley_Birkenfeld https://en.wikipedia.org/wiki/Bradley_Birkenfeld