Fraudsters may also target individuals receiving compensation from insurance companies
U.S. health insurer introduced a provision that would deter departing employees from filing applications for SEC whistleblower awards
The information should provide investors more transparency
The new rule aims to minimize client and investor harm in case a firm cannot prevent major disruptions to its operations
The program has paid out more than US$85 million to 32 whistleblowers since it was launched in 2011
Firm agrees to pay US$1 million penalty
Christopher Hetner will be responsible for co-ordinating efforts across the agency
The U.S. regulator has paid US$10 million to whistleblowers this week
Award is SEC program’s third highest to date
Regulatory reporting by FINRA members could provide important new information about day‑to‑day activity in both inter‑dealer and dealer‑to‑client markets