2 ms·
The whistleblower awards are typically a fixed percentage of the fines that the SEC levies (10% - 30% depending on circumstances). So if you blow the whistle o
by mikeyouse 9y ago
The whistleblower awards are typically a fixed percentage of the fines that the SEC levies (10% - 30% depending on circumstances). So if you blow the whistle on your company and the SEC fines them $100M, the SEC will get ~$80M and the whistleblower will get ~$20M.
So in that sense, no, they can never run out of funds to pay them off.
https://www.sec.gov/whistleblower https://www.sec.gov/whistleblower
- dopamean 9y agoAh yes. I remember hearing about this now. Thanks!