U.S. SEC says it adopted two amendments to its whistleblower program rules

(Reuters) – The U.S. Securities and Exchange Commission said on Friday it adopted two amendments to whistleblower program rules, including one that would expand the circumstances in which a whistleblower can receive an award.

The other amendment “affirms the Commission’s authority to consider the dollar amount of a potential award for the limited purpose of increasing an award but not to lower an award,” the SEC said in a statement.

“Today’s amendments enact two changes to help enhance the whistleblower program,” SEC Chair Gary Gensler said in the statement.

(Reporting by Ismail Shakil; Editing by Chris Reese)

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