Securities and Exchange Surveillance Commission: Who Qualifies and What You Get
Learn how to use the reporting channel for insider trading and market abuse through the Securities and Exchange Surveillance Commission.
The Securities and Exchange Surveillance Commission serves as a specialized oversight body that provides a formal mechanism for reporting illegal activities within the financial markets.
Who it's for
This scheme is specifically designed for individuals who have information regarding misconduct in the financial markets. This includes whistleblowers who have witnessed wrongdoing firsthand, as well as victims who have been affected by market manipulation. If you have observed activities that undermine market integrity, this is the channel intended for your input.
What you get
By using this scheme, you gain access to a dedicated reporting channel. This channel is intended to help identify and address serious financial offenses, such as insider trading—where people trade based on non-public information—or other forms of market abuse. It provides a structured way to ensure that information regarding unfair market practices reaches the appropriate authorities.
What it costs you
There is no financial cost to using this reporting channel. Providing information to the commission is a free service, meaning you do not have to pay a fee to submit your report or alert the authorities to suspected misconduct.
The catch to know
It is important to understand the limitations of the communication process once you have submitted your details. While the commission uses your information to oversee market integrity, they do not provide status updates on their investigations. You should not expect to receive personal follow-ups or progress reports regarding the outcome of the information you have provided.
How to apply
- Prepare the specific details and information regarding the suspected market abuse or illegal activity.
- Access the official portal to review the specific instructions for submitting a report.
- Follow the guided steps provided on the website to submit your information to the commission.