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SEC whistleblower will receive $30m award

Blowing Whistle

An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing.

BlackRock calls for bond trading revamp

BlackRock Logo

The giant asset manager BlackRock is initiating an aggressive call for the overhaul of a bond market that sits at the center of the United States financial industry and many retirement portfolios.