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SEC rewards $20m to whistleblower after information helps conclude complex action

Photo: Getty Images

Award made for provision of ‘new and critical’ material.

The Securities and Exchange Commission (SEC) has awarded a whistleblower $20m for providing new and critical information that led to the success of an enforcement action.

This is the largest amount awarded to a single whistleblower this year. The largest sum in total went to four whistleblowers in January, who