30-10-1109. Factors used to determine amount of whistleblower award. In 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.
History: En. Sec. 9, Ch. 76, L. 2021.
Structure Montana Code Annotated
Chapter 10. Securities Regulation
Part 11. Whistleblower Award and Protection Act
30-10-1104. Authority to make whistleblower award
30-10-1105. Anonymous whistleblower complaints
30-10-1106. Amount of whistleblower award
30-10-1107. Discretion to determine amount of whistleblower award
30-10-1108. Source of payment of whistleblower award
30-10-1109. Factors used to determine amount of whistleblower award
30-10-1110. Disqualification from award
30-10-1111. Protection of whistleblowers and internal reporters