Americans for Financial Reform Education Fund sent a letter to the SEC regarding proposed amendments to the Commission’s Whistleblower Program rules. While we generally support a few of the proposed amendments, we are concerned that a number other proposed changes would initially undermine the Whistleblower Program and ultimately weaken the SEC ability to discover fraud, protect investors, and facilitate stable markets. This is especially true for large-award cases that may be most crucial to the public interest.
Follow this link to read or download a PDF version of the full letter.