OSC awards nearly half a million dollars to whistleblower

OSC news release 20 Mar 2023: award of approximately $481,000 to an insider; cumulative $9.33 million awarded; tips have led to enforcement action against 19 respondents and approximately $48 million in monetary sanctions and voluntary payments; tips come in anonymously through counsel and from across Canada, the U.S. and abroad; up to $5 million cap; the OSC published its programme update on 9 March 2023. Already recorded: case c-af3cd21ca2, cumulative o-a3d82a11f1, sanctions o-d53cba0ae9. Added: 19 respondents (proposed indicator respondents_sanctioned) and the 9 March 2023 publication event. Cap and anonymous filing through counsel are boilerplate already recorded as rules from the programme pages. Rules restated from other sources are now recorded from this document too (decision 8).