- June 9, 2015
- Investment Executive
Jordan Thomas, a former SEC litigator who now represents U.S. whistleblowers with [Jordan Thomas][prior firm][‘s] in New York, argued that establishing a floor for rewards is essential to provide potential whistleblowers with greater certainty about the program. He also agreed that the proposed $1.5 million is too low and that a dollar cap isn’t necessary given that the possible rewards would be limited to 15% of sanctions anyway.
