The SEC has broad discretion to base the amount of the whistleblower award on the significance of the information provided, the level of assistance provided by the whistleblower, and the government's interest in deterring securities fraud.

Question

Quizplus · Accepted Answer

The SEC indeed has broad discretion in determining the amount of the whistleblower award, taking into account factors such as the significance of the information, the whistleblower's assistance, and the interest in deterring securities fraud.

The SEC Has Broad Discretion to Base the Amount of the Whistleblower