SEC Awards Approximately $1.5 Million to Whistleblower
As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.
- As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.
- The SEC has awarded approximately $759 million to 143 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.