Informant disclosure rules define original information criteria and reward eligibility for reporting suspected insider trading. Regulation 7A defines an Informant and the conditions for Original Information: it must stem from the informant's independent knowledge or analysis, be not already known to the Board (unless the informant is the source), be sufficiently specific, credible and timely to enable the Board to commence, assist, open or reopen an examination, inquiry, investigation or audit, not be exclusively derived from judicial, governmental or media sources (unless original), and not be irrelevant, vexatious or frivolous; timeliness requires receipt within three years of the first alleged trade.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Informant disclosure rules define original information criteria and reward eligibility for reporting suspected insider trading.
Regulation 7A defines an Informant and the conditions for Original Information: it must stem from the informant's independent knowledge or analysis, be not already known to the Board (unless the informant is the source), be sufficiently specific, credible and timely to enable the Board to commence, assist, open or reopen an examination, inquiry, investigation or audit, not be exclusively derived from judicial, governmental or media sources (unless original), and not be irrelevant, vexatious or frivolous; timeliness requires receipt within three years of the first alleged trade.
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