The sec whistleblower program was put in place to help reward civilians for reporting those who are abusing the system and costing other people significant amounts of money. The program helps to allow the authorities to identify people who are cheating the system and making gains when they should not be. here are a few of the advantages of the SEC whistleblower program.
Punishing the Guilty
There are people right now who are cheating the stock market industry with insider trading or other forms of illegal activity, and thinking they are getting away with it. Each time they increase their fortune, they do it at the expense of the people who do not have that type of money. By utilizing the SEC whistleblower program, you help authorities to put a stop to this illegal activity at the expense of all the other people. These innocent people usually are victims to these crooks, and the program is designed to make certain they do not get away with it for long.
The Financial Reward
One of the advantages to taking part in the SEC whistleblower program is that they reward you when you make a call that results in the arrest of a criminal who is cheating the system. Often times if that person was involved in trades that were in the millions, you can expect a pretty significant reward for your help in bringing them to justice. Your help brings these people to justice much sooner than if the commission had to try and catch them on their own. That time you saved them could result in you saving the community million sin lost revenues.
SEC Whistleblower Program 