Month: January 2019

The Securities and Exchange Commission is responsible for maintaining a sound securities market (source: -). The organization has far reaching powers to investigate and prosecute anyone accused of misconduct. This can be employees of publicly listed companies,stock traders,fund managers or the staff of an exchange among others. The US securities market is usually sensitive and reacts to any market information almost immediately. Since the management and staff of a listed company may have information that can push stock prices up or down,there is usually the temptation for insiders to either buy or short stocks in advance to ensure they profit from a stock price increase or decrease. They can also sell the information they have to third parties,such as fund managers or friends and relatives.

Blowing the Whistle

Anyone who benefits from insider information can be charged with insider trading by the SEC. Anyone with information about insider trading or any other type of impropriety or misconduct can approach the SEC and provide the information as a whistleblower. There is usually monetary reward for helping the SEC prosecute individuals accused of misconduct or insider trading among other types of securities fraud.

SEC Whistleblower Rules

Whistleblowers are entitled to get between 10 to 30% of the monetary sanctions recovered as a result of their whistleblowing. The money is usually paid from the Investor Protection Fund.

The first rule that potential whistleblowers need to know is that the SEC can only take action if the monetary sanctions exceed $1 million dollars. If the monetary sanctions in a case do not exceed a million dollars,the whistleblower may not get a monetary reward.
To qualify for any reward,the whistleblower must provide original information of the impropriety to the SEC. The information they provide must be crucial in the successful prosecution of the suspects. As mentioned earlier,the monetary sanctions must exceed $1 million.

As we look ahead to 2019 there are many fascinating things happening in the world of business that are set to begin. One such project is the Online Entrepreneur Academy,a sort of “business college” in a virtual setting,and the pet project from CEO Alex Dee. Through years of running successful companies and by talking to fellow entrepreneurs that are struggling to get their companies off the ground in the online sphere,Dee realized that the reason why many online businesses fail is not from a poor product,but because these entrepreneurs do not have the tools required to succeed in the medium.

Bringing Vision to Reality

Dee had a vision of creating a one-stop shop for entrepreneurs to spread the knowledge that he has learned over the years on how to succeed in creating a new online company. Fortunately,many of Dee’s contemporaries shared this vision,and the result is a year-long program where successful entrepreneurs are able to pass down the knowledge they have gained to the future business owners coming into the online world. They don’t singularly focus on one area,but rather show their students the tools they need to succeed in internet marketing,launching new products,the importance of social media,and more.

A New Approach to Learning

Other programs have been launched in the past,so what sets the Online Entrepreneur Academyapart from the rest? Dee has seen over the years that the way to transform yourself into a success is the delicate balance between not getting overwhelmed,and also learning what you need to learn in a short period of time. The OEA is a step-by-step process,which allows their students to learn one thing at a time before moving on,while also completing the program in a calendar year. It is a space where positive attitudes coupled with the expertise of people who have succeeded on the medium are sharing what they have learned with everyone that is willing to put in the work. The OEA is truly one of the most exciting ventures coming down the line in 2019.