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SEC issues second award order under Dodd-Frank whistleblower program
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Investor Protections
Tuesday, June 18, 2013
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The Securities and Exchange Commission said it will award three whistleblowers a percentage of the money that it ultimately collects from its enforcement action against a sham hedge fund and its chief executive officer who defrauded investors out of $2.7 million. The June 12 order announcing the awards is the second such order the SEC released since implementing its Dodd-Frank whistleblower program in August 2011. Read on for the details.
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