Benefits of the SEC's Whistleblower Program
The SEC's whistleblower program was instituted to help citizens to communicate with the Securities and Exchange Commission to alert them of possible fraud. This program allows the criminal investigation to move much more quickly when information is given sooner than the authorities could have uncovered on their own. Here are just a few of the benefits of the SEC's whistleblower program.
Less Pain for Investors
When fraud is committed within the stock exchange it can have a far reaching effect. That money eventually hurts the small investor in high maintenance fees and can significantly impact the value of portfolios. When someone gives information to the SEC concerning fraudulent activity, the time involved to catch the party is much less and the potential money lost is too. This will also help to protect the integrity of capital markets and eventually hold accountable those trying to game the system.
Huge Benefit for the Whistleblower
The Securities and Exchange Commission is allowed by the US Congress to give monetary rewards to anyone who comes forward with information that will eventually lead to an action where over a million dollars in sanctions has been ordered. The whistleblower is entitled to anywhere from 10-30% of all the money that is collected. That can really add up to a significant reward for doing the right thing. This matter is taken very serious and any and all information that you provide can be kept in confidentiality to protect the innocent.
By providing this service you are rewarded monetarily, but more importantly you help to protect all the millions of investors who are being cheated out of their money by these criminals.
For more information please visit us at sec whistleblower.
