SEC Urged To Rethink Whistleblower Awards To Short-Sellers

By Jessica Corso (April 17, 2024, 10:41 PM EDT) -- A University of Kansas law professor has released research showing that a growing number of corporate outsiders, including short-sellers, are receiving whistleblower rewards from the U.S. Securities and Exchange Commission, and he told Law360 on Wednesday the agency should reconsider giving money to those who also seek to profit from trading on the tips they call in. ...

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