Tipster fails to sway regulator on divvying up reward
The insider provided information the commission otherwise could not have obtained
OSC touts success of tip line, hopes to expand its reach
Crypto lending program amounted to an unregistered offering, regulator alleges
Earlier tip didn't prompt investigation or enforcement action, regulator rules
Regulator set aside timing requirements and ordered award for anonymous tips
Whistleblower was awarded US$20 million
Tipster gets US$20 million despite involvement and delay in reporting
Volume of disciplinary actions and total financial sanctions rose in fiscal 2022
Resulting enforcement action led to investor recovery, the regulator said