AN AUTHORITATIVE SYNOPSIS OF THE SEC WHISTLEBLOWER PROGRAM FROM A NASHVILLE WHISTLEBLOWER ATTORNEY6/23/2023
If you are ready to blow the whistle, contact Nashville Whistleblower Attorney Timothy L. Miles
 If you are ready to blow the whistle, call a Nashville whistleblower attorney
The Securities and Exchange Commission (SEC) whistleblower program is a mechanism that enables individuals with information regarding violations of securities laws to submit information to the SEC while protecting their identities. The program was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, and it provides monetary strong whistleblower protections as well as incentives to informants blowing the whistle in the form of a whistleblower award.
The SEC whistleblower program offers whistleblowers financial rewards (referred to as "whistleblower awards") if their disclosures lead to a successful enforcement action resulting in a monetary recovery of more than $1 million. The financial incentives for whistleblowers could range from a minimum of ten percent to a maximum of thirty percent of the monetary sanctions imposed by the SEC. The program also allows whistleblowers to remain anonymous, provided that the whistleblower is represented by a knowledgeable attorney like Nashville Whistleblower attorney Timothy L. Miles who discloses the identity of the client and the information to the SEC. One of the most significant challenges associated with the SEC whistleblower program is the need for whistleblowers to ensure that their information meets specific requirements to be considered eligible. For instance, the SEC only considers information that is under the SEC's jurisdiction, and the whistleblower must provide original information that the SEC is not already aware of or have learned from another source. The SEC whistleblower program generally excludes individuals who acquire information through illegal means such as hacking or other cybercrimes. This is why it is good to consult Nashville whistleblower attorney Timothy L. Miles if you are thinking of blowing the whistle. In conclusion, the SEC whistleblower program provides a mechanism for whistleblowers to report violations of securities laws to the SEC while remaining anonymous. The program offers financial incentives in the form of whistleblower awards to whistleblowers blowing the whistle who provide original information resulting in a successful enforcement action resulting in a monetary recovery of more than $1 million. Though the program has strict eligibility requirements, it has been instrumental in identifying and punishing financial fraud, and its effectiveness is increasingly significant in the fight against securities law violations. IF YOU ARE THINKING OF BLOWING THE WHISTLE, CONTACT NASHVILLE WHISTLEBLOWER ATTORNEY TIMOTHY L. MILES TODAY
If you have knowledge of fraud against or by the federal government and are considering blowing the whistle, contact Nashville whistleblower attorney Timothy L. Miles who can guide you through the whistleblower process and explain your whistleblower protections. The consultation is free and confidential. Just complete the form below to get started or call (855) Tim-M-Law. Ask a Nashville Whistleblower attorney, you could be entitled to a significant whistleblower award.
Call today and see what a Nashville whistleblower attorney can do for you. NASHVILLE WHISTLEBLOWER ATTORNEY TIMOTHY L. MILESNashville whistleblower attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website. Comments are closed.
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