Nearly half a million dollars paid to 'insider' whistleblower in Ontario case

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Nearly half a million dollars paid to 'insider' whistleblower in Ontario case
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A whistleblower who tipped the OSC about wrongdoing at an organization where they worked has been paid a nearly $500,000 reward. Read more

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The insider, who was ultimately paid $481,000, submitted highly-detailed information and valuable insights, according to the OSC. They continued to provide assistance throughout the investigation and subsequent regulatory proceeding, including responding to requests for further information, demonstrating that the whistleblower program allows authorities to get information that could not otherwise be obtained, the market watchdog said.

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