A "whistleblower bounty program" allows persons who provide information that leads to a successful SEC action to recover ten (10)percent to thirty (30)percent of the monetary sanctions over $1 million recovered by the SEC.

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This statement is true. The SEC has a whistleblower program that rewards individuals who provide original information that leads to a successful enforcement action with sanctions exceeding $1 million. The reward can range from 10% to 30% of the monetary sanctions collected by the SEC.

A "Whistleblower Bounty Program" Allows Persons Who Provide Information That