Whistleblower to Receive Record $30 Million Payment
On September 22nd, the SEC announced an expected award of over $30 million to a whistleblower who provided key original information that led to a successful SEC enforcement action. It is the fourth award to a whistleblower living in a foreign country and demonstrates the international breadth of the whistleblower program. SEC Release 2014-206. See also Reuters.
On September 22nd, the SEC announced that Jason S. Patil joins the SEC as an Administrative Law Judge. On September 23rd, the SEC named Liban James Director of Atlanta Regional Office and Rhea Dignam as Senior Counsel to OCIE Director.