SEC awards $279m to whistleblower, doubling the record

Whistleblowers sometimes lose everything. Sometimes they win $279,000,000. The SEC issued the largest award in its history, reports NBC News. The whistleblower's identity is not disclosed, as per the law protecting their anonymity.

The Securities and Exchange Commission said the unnamed whistleblower provided information and assistance that led to a successful enforcement action, which the agency didn't describe. — Read the rest