“The financial regulatory law signed by President Obama last week grants the SEC the authority to pay up to 30 percent of any monetary sanction to a whistleblower.”
“We believe that the minimal use of the SEC bounty program can be attributed primarily to the fact that the program has not been widely publicized, internally within the agency or externally to the public,” SEC Inspector General H. David Kotz wrote in a report this year.Even before passage of the new law, SEC officials said they were working to improve the agency’s whistleblower procedures, building a database to consolidate complaints and creating a new whistleblower office.
If ya can’t make money investing by trusting companies who are using fancy schmancy accounting, at least you can improve your chances to make money by investing your time catching them do shady shit.