Current through the 2023 Regular Session
Section 30-10-1109 - Factors used to determine amount of whistleblower awardIn 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.Added by Laws 2021, Ch. 76,Sec. 9, eff. 3/25/2021.