Clifford Chance

The U.S. Securities and Exchange Commission Makes Largest Whistleblower Payout Even as the U.S. Government Shuts Down

3 October 2013

On the first day of the U.S. government shutdown, the U.S. Securities and Exchange Commission ("SEC") announced its highest (by far) award to date from the Office of the Whistleblower, demonstrating its commitment to exercise its enhanced enforcement authorities gained under the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank").

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