Credit: Lightspring/Shutterstock.com The SEC Whistleblower Program's First Decade: $1 Billion in Awards and Counting
In its 10-year existence the SEC's whistleblower program has recovered nearly $5 billion in actions that were initiated or assisted by whistleblower tips and paid over $1 billion in awards to those whistleblowers.
December 02, 2021 at 04:47 PM
5 minute read
Whistleblower Laws
In its 2021 annual report to Congress on its whistleblower program, the Securities and Exchange Commission proudly touted its continuing success in encouraging and rewarding individuals for blowing the whistle on financial fraud. In its 10-year existence the SEC's whistleblower program has recovered nearly $5 billion in actions that were initiated or assisted by whistleblower tips and paid over $1 billion in awards to those whistleblowers.
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