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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| Not Yet Determined | 11/24/2020 | Claimant received the maximum-percentage award for his/her tip, which caused the SEC to open its investigation and contributed to it bringing the Covered Action. However, only “minimal” monetary sanctions had been collected. |
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| Not Yet Determined | 3/16/2021 | Claimant provided more than limited assistance and was entitled to the maximum percentage award under new whistleblower program rules, as the total amount of the award would not exceed $5 million. |
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| Not Yet Determined | 3/29/2021 | Two Claimants were awarded 20% and 10%, respectively, of any sanctions collected (although none were anticipated). One Claimant received a higher allocation because they reported earlier-in-time with a larger quantity of significant information. |
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| Not Yet Determined | 4/09/2021 | The SEC found that Claimant provided new, detailed and firsthand information, including critical documents and ongoing assistance, that significantly contributed to its ongoing investigation and helped shut down an offering fraud. |
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| Not Yet Determined | 4/23/2021 | This award was made based on anticipated or possible collections of sanctions in related actions, which were deemed to satisfy the amount ordered in the SEC's Covered Action. |
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| Not Yet Determined | 5/14/2021 | "In awarding the statutory maximum, the SEC considered that Claimant alerted it to the ongoing fraud, participated in a voluntary interview, and provided documents that assisted in the investigation, saving SEC time and resources." |
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| Not Yet Determined | 6/03/2021 | The SEC determined to make a maximum percentage award to Claimant, despite that there were no collections in the Covered Action and the award thus "would not result in any payment to Claimant." |
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| Not Yet Determined | 6/14/2021 | This award was made to two Claimants, and the SEC determined to allocate it with 28% to one and 2% to the other, who reported later and whose new, helpful information was limited in nature. |
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| Not Yet Determined | 6/24/2021 | Claimant received a maximum percentage award based on a Covered Action in which there were no collections. The SEC considered, inter alia, that Claimant alerted it to the on-going fraud, prompted the opening of the investigation, and communicated with SEC staff dozens of times. |
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| Not Yet Determined | 6/24/2021 | The SEC found that Claimant's tip related to an ongoing fraud that was harming investors, and was one of the underlying sources that formed the basis for the charges in the Covered Action (in which there had been no collections to date). |
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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
