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SEC Says It Adopted Two Amendments to Its Whistleblower Program Rules

Submitted by jhartgen@abi.org on

The U.S. Securities and Exchange Commission said on Friday it adopted two amendments to whistleblower program rules, including one that would expand the circumstances in which a whistleblower can receive an award, Reuters reported. The other amendment "affirms the Commission's authority to consider the dollar amount of a potential award for the limited purpose of increasing an award but not to lower an award," the SEC said in a statement. "Today's amendments enact two changes to help enhance the whistleblower program," SEC Chair Gary Gensler said in the statement.

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