SEC Awards Approximately $2.5 Million to Whistleblower
Washington, D.C.--(Newsfile Corp. - April 9, 2021) - The Securities and Exchange Commission today announced an award of approximately $2.5 million to a whistleblower whose information and ongoing assistance to the staff significantly contributed to the success of an SEC enforcement action.
- Washington, D.C.--(Newsfile Corp. - April 9, 2021) - The Securities and Exchange Commission today announced an award of approximately $2.5 million to a whistleblower whose information and ongoing assistance to the staff significantly contributed to the success of an SEC enforcement action.
- The SEC has awarded approximately $762 million to 148 individuals since issuing its first award in 2012.
- No money has been taken or withheld from harmed investors to pay whistleblower awards.
- Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.