Whistleblowing in Finance

The financial markets and securities industry can be quite complex, even for those who work within them. Sadly, many individuals working in finance take advantage of this and strive to further their own financial goals, without regard for the law or those who are impacted by their misconduct. But there are steps to take against fraudsters and those who manipulate the system. 

Would-be whistleblowers like you could make a significant difference in helping the U.S. Securities and Exchange Commission (SEC) bring the defrauders to justice. In doing so, you could be awarded for your efforts. Continue reading to learn more about what happens in the financial industries and why whistleblowers are critical to the SEC’s whistleblower program. 

How Does the Securities Industry Work?

Financial markets and the securities industry is a world all itself where traders, stockbrokers, brokerage firms, investors, and other parties work to trade, buy, and sell financial instruments, derivatives, stocks, bonds, and other securities. 

There is a lot of money involved in the stock markets and financial sector, and it’s not uncommon for those entrusted with investor funds to take advantage of their position and defraud their clients or the company they work for. In some cases, these corporations even order their staff to engage in securities violations and fraud to further their own financial gains. 

Many fraudulent parties can commit these schemes undetected for many years before being discovered, often costing their clients and companies exorbitant amounts of money.

But if you have information regarding any of these schemes, whether it be a Ponzi or pyramid schemes, insider trading, misrepresentation, broker misconduct, Commodity Futures Trading Commission (CFTC) or Foreign Corrupt Practices Act (FCPA) violations, and others, you may be able to secure a substantial whistleblower award. 

Why Whistleblowers Are Essential

The SEC Whistleblower Program was formed in order to handle whistleblower complaints and allegations of securities violations. Without whistleblowers, many of these schemes, fraud, and misconduct would continue to go unnoticed, and innocent people would continue losing their investments. 

But with the help of whistleblowers who have the courage to come forward, corrupt parties can be held accountable for their actions. In order to be awarded compensation for your efforts, there are several requirements that must be met. These include:

• Coming forward voluntarily
• Providing valuable, original information
• The SEC able to take enforcement action
• The SEC recovering more than $1 million

If you have met the criteria needed to win a whistleblower award, you could be rewarded as much as 30 percent of what the SEC recovered when imposing sanctions. 

Get Help From an SEC Whistleblower Lawyer

If you have information regarding securities violations in the financial sector and are unsure of where to turn for help, contact a regarded SEC whistleblower lawyer at Meissner Associates to discuss your concerns. 

Schedule your confidential tip evaluation when you call our office at 1-866-764-3100 or complete the secured contact form included below so we can get started on your case.