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SEC WHISTLEBLOWER PROGRAM

SEC Whistleblower Awards to Date

Established by the Dodd-Frank Act in 2010, the SEC’s bounty program grants eligible whistleblowers 10-30% of monetary sanctions levied by the SEC in an enforcement action where total sanctions exceed $1 million.

In our list of whistleblower bounties granted to date, we do more than just tell you an award amount. We want our clients & friends to know what factors contributed to the tipster’s success, and to provide key documents issued by the SEC for each award. For additional information, learn more about how the SEC whistleblower award process works.

Amount Awarded Date Description Factors Key Docs
114M 10/22/2020 $114 million was issued to a whistleblower whose assistance led to successful SEC and related actions.
  • Significance of the Information Provided
  • Assistance Provided
82M 3/19/2018 The Commission announced the highest ever whistleblower award to three whistleblowers who provided significant information that led to a successful enforcement action. Significantly, the Commission noted that awards were reduced because of delayed reporting.
  • Significance of the Information Provided
  • Assistance Provided
  • Unreasonable Reporting Delay
54M 9/06/2018 Two whistleblowers provided specific and timely information to the Commission that led to a successful enforcement action. Whistleblower one was first to report, but the other whistleblower significantly contributed to the success of the case. The Commission noted that whistleblower 2's award was reduced because of unreasonable delay. Both whistleblowers were denied an award associated with a related CFTC action.
  • Significance of the Information Provided
  • Assistance Provided
  • Unreasonable Reporting Delay
50M 3/26/2019 Two whistleblowers provided high-quality information that assisted the SEC in bringing a successful enforcement action, efficiently. The Staff described them as providing "smoking gun" evidence and indispensable assistance. The Commission noted that whistleblower 1's award was reduced due to unreasonable delay.
  • Significance of the Information Provided
  • Assistance Provided
  • Unreasonable Reporting Delay
  • Interference with Internal Compliance and Reporting Systems
35M 9/22/2014 A foreign whistleblower provided the SEC with key information about an ongoing fraud that would have been very difficult to detect without his/her assistance. The monetary award was reduced because the Commission deemed his/her delay in reporting unreasonable, noting that investors continued to suffer losses.
  • Significance of the Information Provided
  • Assistance Provided
  • Unreasonable Reporting Delay
30M 9/30/2020 The SEC awarded nearly $30 million to two inside whistleblowers. The first received approximately $22 million and the second whistleblower received approximately $7 million.
  • Significance of the Information Provided
  • Assistance Provided
  • Law Enforcement Interest
  • Participation in Internal Compliance Systems
28M 11/03/2020 A $28 million award for an employee whistleblower who tipped the SEC to misconduct at a publicly traded company.
  • Significance of the Information Provided
  • Assistance Provided
  • Law Enforcement Interest
  • Participation in Internal Compliance Systems
27M 4/16/2020 Whistleblower provided valuable information and assistance that led to a successful enforcement action. The Staff noted that the conduct was partly overseas and difficult to detect, substantial and ongoing assistance to the Staff, furthered significant law enforcement interests, and consistently and strenuously raised concerns internally. Considered a reduction for delayed reporting but decided against it because of the other factors and the nature of the internal reporting.
  • Significance of the Information Provided
  • Assistance Provided
  • Law Enforcement Interest
  • Participation in Internal Compliance Systems
  • Unreasonable Reporting Delay
22M 8/30/2016 The whistleblower, a company employee, provided the SEC with detailed information and assistance that led to the successful enforcement action. Without the whistleblower's courage, information and assistance, it would have been extremely difficult for law enforcement to discover this complex securities fraud on its own.
  • Significance of the Information Provided
  • Assistance Provided
20M 11/14/2016 The whistleblower promptly came forward and provided valuable information that led to the successful SEC enforcement action. Notably, the whistleblower enabled the the Staff to stop the wrongdoers before they could squander almost any investor funds.
  • Significance of the Information Provided
  • Assistance Provided
  • Law Enforcement Interest
$ 0 m

Balance of Investor Protection Fund From Which Awards Are Paid (as of FY2020)

$ 0 m

SEC Whistleblower Awards Paid to Date

0

Number of SEC whistleblower submissions in FY2020

More in SEC Whistleblower Awards
Facts & Figures

Awards Denied
Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR
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