Friday, October 09, 2015 1:23:07 PM
The SEC treats all tips, complaints and referrals as confidential and nonpublic, and does not disclose such information to third parties, except in limited circumstances authorized by statute, rule, or other provisions of law. As a matter of practice, the whistleblower program provides additional confidentiality protections, consistent with the limitations on disclosure of information that could reasonably be expected to reveal the identity of a whistleblower set forth in Section 21F(h)(2) of the Securities Exchange Act of 1934 [15 U.S.C. § 78u-6(h)(2)] and Rule 21F-7 of the SEC's Whistleblower Rules [17 C.F.R. § 240.21F-7]. You should answer "yes" to the whistleblower program question if you wish to avail yourself of these additional confidentiality protections, even if you are not interested in being eligible for a whistleblower award.
I have family that works for the SEC please make sure to file complaints on the following: Ponzi Scheme, Pyramid Scheme, High Yield investment Scheme, Manipulation, Insider Trading, Unregistered Securities, Short Selling and Fraudulent Municipal Security transactions. The bigger the fight the bigger the penalty. He should do at least 5 years from what I have seen in the past.
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