"Highly specific" information led to successful enforcement, director says
For their independent data analysis, the whistleblower was awarded US$1.1 million
Award recognizes efforts to promote human rights or fight corruption
Clues are often buried in technical information, the regulator says
The individual provided “extensive and sustained assistance” to the SEC
Three victims of fraud notified SEC of scheme targeting retail investors
It's the first award under a program designed to incentivize internal reporting
In total, the SEC has now paid out approximately US$376 million to 61 whistleblowers
The rewards are the first under the regulator's program, launched in 2016
Comparing the success of investor protection programs in Canada and the U.S.