Whistleblower Seeks High Court Review Of SEC’s Denial Of Incentive Award

Mealey's (November 1, 2022, 3:46 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court should grant review of a Second Circuit U.S. Court of Appeals’ ruling denying a whistleblower’s request for an award for aiding in an investigation into alleged securities fraud violations at Royal Bank of Scotland because his petition for certiorari “presents an important question implicating the practical viability of the securities whistleblower incentive program established by Congress” in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the whistleblower says in the petition....