REUTERS/ Ruben Sprich
The Securities and Exchange Commission announced its largest whistleblower award ever today, more than $14 million to an insider who helped recoup investor funds.
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"While it is certainly gratifying to make this significant award payout, the even better news for investors is that whistleblowers are coming forward to assist us in stopping potential fraud in its tracks so that no future investors are harmed," Sean McKessy, chief of the SEC's Office of the Whistleblower, said in the statement.