A New JOBS Act Job – Whistleblower

The crowdfunding public is already pretty vigilant, with a few high profile frauds having been sniffed out.

But when the crowdfunding regs get published, a new profession may appear, that of the whistle blower. The SEC actually has an Office of the Whistleblower that deals with public informants.

And you can make some real money turning in fraudsters since the SEC will pay for high-quality original information that leads to an SEC  enforcement action in which over $1,000,000 in sanctions is ordered. The range for awards is between 10% and 30% of the money collected.  Just two weeks ago, the SEC awarded $25,000 to three whistleblowers.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539796657#.UipGi6zg01A

http://www.sec.gov/whistleblower

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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