The insider provided information the commission otherwise could not have obtained
OSC touts success of tip line, hopes to expand its reach
Earlier tip didn't prompt investigation or enforcement action, regulator rules
Regulator set aside timing requirements and ordered award for anonymous tips
Whistleblowers get US$3 million each in payouts for alerting SEC to suspected misconduct
Tipsters were paid $240,000 for information that led the regulator to open an investigation
The U.S. regulator reported a record year for whistleblowers
The whistleblower payout of $200M was in part for foreign enforcement
Rule changes from 2020 enable SEC to ban frivolous filers from its tip award program
Agency pays near-record US$110 million to tipster