Whistleblower
Advocates
Award Winning Attorneys
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 |
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| 114M | 10/22/2020 | $114 million was issued to a whistleblower whose assistance led to successful SEC and related actions. |
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| 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. |
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| 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. |
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| 50M | 4/15/2021 | Joint Claimants were credited with providing exemplary assistance to the SEC during its investigation, including meeting with staff numerous times and providing voluminous detailed documents. The SEC further found that their information resulted in the return of tens of millions of dollars to harmed investors. |
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| 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. |
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| 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. |
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| 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. |
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| 28M | 5/19/2021 | While a substantial award, the percentage of sanctions awarded was evidently less than the statutory maximum, because Claimant's information apparently concerned conduct that ultimately was not charged. Rather, the charges brought concerned similar conduct in different geographical regions. |
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| 28M | 11/03/2020 | A $28 million award for an employee whistleblower who tipped the SEC to misconduct at a publicly traded company. |
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| 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. |
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Balance of Investor Protection Fund From Which Awards Are Paid (as of FY2021)
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SEC Whistleblower Awards Paid (As of FY2021)
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Number of SEC whistleblower submissions in FY2021
