SEC Whistleblower Blog

CFTC Announces $50,000 to Fourth Whistleblower

July 26, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced on Tuesday, July 26 that it would award $50,000 to a whistleblower who voluntarily provided the organization enough information to proceed with an enforcement action. The award marks only the fourth since the program’s inception in 2010. Though the SEC and CFTC...

[Video] How Can You Become an SEC Whistleblower?

July 7, 2016
Although it is still relatively young, the U.S. Securities and Exchange Commission (SEC) Whistleblower Program has grown exponentially over the past five years. Despite the growing number and size of whistleblower awards, it is not always clear what makes a good whistleblower case. What is an SEC whistleblower? Who qualifies as...

Whistleblower Awards Increase Dramatically in 2016

June 28, 2016
The SEC Whistleblower Program rewards those who voluntarily provide information that helps the agency identify securities violations and successfully enforce the law. As shown in the graphic above, the SEC’s whistleblower award program has substantially grown since its launch in 2011. Both the frequency and size of the...

SEC Issues Second Largest Whistleblower Award

June 13, 2016
The U.S. Securities and Exchange Commission (SEC) announced on June 9 that they will award a staggering $17 million to a former employee whose tip “substantially advanced the agency’s investigation and ultimate enforcement action.” This is the fifth in a series of awards the SEC has issued over the past five weeks, bringing the...

SEC Issues Third Whistleblower Award In Just One Week

May 24, 2016
The U.S. Securities and Exchange Commission (SEC) Whistleblower Office announced on Friday, May 20, 2016, that it was issuing its third award in a week, this time awarding $450,000 to two individuals for information that “led the agency to open a corporate accounting investigation and for their assistance once the investigation...

SEC Whistleblower Office: Another Day, Another Award

May 18, 2016
The U.S. Securities and Exchange Commission (SEC) Office of the Whistleblower made its second multi-million dollar award announcement in less than a week on Tuesday, this time awarding over $5 million to a former company insider.  According to the SEC, the whistleblower provided a “detailed tip” which allowed the agency to “...

SEC Whistleblower Office Announces $3.5 Million Award

May 16, 2016
The U.S. Securities and Exchange Commission (SEC) announced on Friday, May 13, 2016, that it would award at least $3.5 million to an employee who provided the Commission with information relating to an ongoing investigation. This marks the 28th whistleblower to receive an award under the SEC Whistleblower Program since it began...

SEC Sets Sights on Employers Who Impede Employees from Reporting

April 21, 2016
The U.S. Securities and Exchange Commission (SEC) is making good on its promise to reign in employers’ use of employment agreements that restrain employees from freely disclosing information to the SEC about securities fraud and other wrongdoing. The March 30 securities filing of Sandridge Energy, Inc., reveals a recent example...

Why Are DOJ Criminal Prosecutions of Corporations Dropping?

April 19, 2016
The protections and incentives afforded by the SEC’s whistleblower laws seek to reduce and ultimately stop corporate wrongdoing. The SEC’s whistleblower statutes are just one means the federal government uses to combat corporate malfeasance. Another tool the government uses to achieve the same overarching goals is prosecution...

SEC Supports Protections for Dodd-Frank Whistleblowers Who Report Internally

April 15, 2016
The U.S. Securities and Exchange Commission (SEC) continues to demonstrate its commitment to providing broad protections to whistleblowers who oppose securities laws violations. Most recently, the SEC moved to file an amicus brief in Danon v. The Vanguard Group, Inc., a Dodd-Frank retaliation claim currently pending before the...

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