Factors used to determine amount of whistleblower award

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30-10-1109. Factors used to determine amount of whistleblower award. In determining the amount of an award under this part, the commissioner shall consider:

(1) the significance of the original information provided by the whistleblower to the success of the administrative or judicial action;

(2) the degree of assistance provided by the whistleblower in connection with the administrative or judicial action;

(3) the interest of the commissioner in deterring violations of the securities laws by making awards to whistleblowers who provide original information that leads to the successful enforcement of such laws; and

(4) any other factors the commissioner considers relevant.

History: En. Sec. 9, Ch. 76, L. 2021.


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