SEC Awards Approximately $14 Million to Whistleblower

SEC

The Securities and Exchange Commission today announced an award of about $14 million to a whistleblower who published an online report exposing an ongoing fraud. The whistleblower, who days later shared the same information with the SEC and was persistent in reaching out to the staff, prompted the opening of an investigation which resulted in a successful enforcement action and the return of millions of dollars to harmed investors. read more »

CFTC Awards Approximately $500,000 to Two Whistleblowers

CFTC

The Commodity Futures Trading Commission today announced awards totaling approximately $500,000 to two whistleblowers. The whistleblowers separately provided significant information and substantial assistance that helped the Division of Enforcement expand the scope of an existing investigation and lead the Division to other key evidence supporting the enforcement action. read more »

U.S. DOJ extends monitor of Deutsche Bank for late reporting of DWS allegations

REUTERS

Deutsche Bank (DBKGn.DE) on Friday disclosed that it had agreed with the U.S. Department of Justice to extend the stay of a special monitor after it failed to report allegations involving its DWS funds unit in a timely manner. read more »