{"id":1932,"date":"2017-12-06T17:57:21","date_gmt":"2017-12-06T23:57:21","guid":{"rendered":"https:\/\/www.institutionalinvestorsecuritiesblog.com\/?p=1932"},"modified":"2022-03-22T15:07:52","modified_gmt":"2022-03-22T20:07:52","slug":"securities-news-whistleblower-awarded-4-1m-finra-bars-former-ubs-broker-managed-high-net-worth-investor-microcap-company-accused-fraud","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/securities-news-whistleblower-awarded-4-1m-finra-bars-former-ubs-broker-managed-high-net-worth-investor-microcap-company-accused-fraud\/","title":{"rendered":"Securities News: Whistleblower is Awarded $4.1M, FINRA Bars Former UBS Broker Who Managed High Net Worth Investor, and Microcap Company Is Accused of Fraud"},"content":{"rendered":"

\t\t\t\tSEC Awards Whistleblower $4.1M<\/strong>
\nA company insider who notified the US Securities Exchange Commission about a \u201cwidespread, multi-year securities law violation<\/a>\u201d involving the employer, is getting a $4.1M whistleblower award. The individual, who is a foreign national employed abroad, also provided information and help during the regulator\u2019s probe. Further details about the case have been kept confidential so as to protect the confidentiality and anonymity of the whistleblower.<\/p>\n

This is the third whistleblower award issued this month by the SEC. The regulator awarded two other people $8M each for their help in another successful enforcement action. <\/p>\n

To date, the SEC whistleblower program has awarded 50 whistleblowers over $179M. <\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SEC Awards Whistleblower $4.1M A company insider who notified the US Securities Exchange Commission about a \u201cwidespread, multi-year securities law violation\u201d involving the employer, is getting a $4.1M whistleblower award. The individual, who is a foreign national employed abroad, also provided information and help during the regulator\u2019s probe. Further details about the case have been […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3783,3752,3739,3760,3795,3761,3755,3938],"tags":[],"class_list":["post-1932","post","type-post","status-publish","format-standard","hentry","category-broker-misconduct","category-financial-firms","category-finra","category-sec-enforcement","category-sec-settlements","category-securities-and-exchange-commis","category-ubs","category-whistleblowers"],"yoast_head":"\nSecurities News: Whistleblower is Awarded $4.1M, FINRA Bars Former UBS Broker Who Managed High Net Worth Investor, and Microcap Company Is Accused of Fraud — Investor Lawyers Blog — December 6, 2017<\/title>\n<meta name=\"description\" content=\"SEC Awards Whistleblower $4.1M A company insider who notified the US Securities Exchange Commission about a 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