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ARTICLE · 22 MAY 2024

New Whistleblower Reward Program In BC

Do you have information about investment fraud in British Columbia?

CanadaEmployment and HR

Do you have information about investment fraud in British Columbia? You can now take action and potentially earn substantial rewards for your efforts while staying protected. The British Columbia Securities Commission ("BCSC") has launched a Whistleblower Program that aims to incentivize individuals to report fraudulent activities.

The BCSC's Whistleblower Program is a game-changer. It encourages individuals to report market misconduct by offering significant financial rewards. The Whistleblower Program rewards whistleblowers whose information and tips contribute to enforcement actions.

The amount you can receive depends on several factors, such as the timing of your report, the quality of your information, your level of cooperation, the impact on enforcement results, the severity of the misconduct, and your involvement in the alleged wrongdoing. Rewards can range from $1,000 to $250,000. If your information meaningfully contributes to multiple

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About Mackrell International – Canada - Lindsay Kenney LLP is a full service business law firm with offices in Vancouver and Langley, BC and a member of Mackrell International. Mackrell International – Canada is comprised of four independent law firms in Alberta, British Columbia, Ontario and Quebec. Each firm is regionally based and well-connected in our communities, an advantage shared with our clients. With close relations amongst our Canadian member firms, we are committed to working with clients who have legal needs in multiple jurisdictions within Canada.

This article is intended to be an overview and is for informational purposes only.

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