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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| 8M | 11/30/2017 | Two whistleblowers were granted awards. The first alerted the Staff to the particular misconduct that would become the focus of the Staff's investigation. The second provided additional significant information and ongoing cooperation. The Commission noted that the first whistleblower did not submit the information in the form required by Rule 21F-9(d), but waived the requirement due to special circumstances. |
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| 7M | 2/28/2020 | Whistleblower provided valuable information and assistance that led to a successful investigation. The Staff noted that the whistleblower showed great tenacity and effort in attempting to expose the wrongdoing, provided extensive and sustained assistance, and helped the Staff to devise an investigative plan and served as a consulting expert. |
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| 6M | 12/01/2020 | Joint Claimant/whistleblowers provided significant information leading to successful enforcement of the Covered Action and a related action by another agency. The information concerned a “complex . . . scheme involving multiple individuals and tens of millions of dollars in ill-gotten gains.” |
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| 6M | 5/17/2016 | The whistleblower, a company insider, provided detailed information to the SEC that led to a successful enforcement. But for this tip, it would have been nearly impossible for the Commission to detect the securities violations. |
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| 5.5M | 1/06/2016 | The whistleblower, a current employee, provided information about ongoing securities violations by his/her company. The whistleblower helped to prevent further harm to a vulnerable investor community. Due to highly unusual circumstances, waived the requirement that the whistleblower submission be "in writing." |
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| 5M | 3/04/2021 | The SEC found, inter alia, that joint Claimants’ information prompted its investigation and served important law enforcement interests regarding difficult-to-detect violations in foreign jurisdictions. However, the information was not comprehensive. |
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| 5M | 4/20/2020 | Whistleblower provided valuable information and assistance that led to a successful enforcement action. The Staff noted prompt and early internal reporting, tip closely mirrored actual charges, strong law enforcement interest in the matter, and the lack of collections in this matter. Significantly, the in writing requirement of 21F-9(d) was waived because of internal reporting, entity reported to the SEC, information provided satisfied key elements, the whistleblower submitted the same information and this occurred before the effective date of the program rules. |
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| 4.5M | 5/24/2019 | Whistleblower provided information to his/her company, which triggered an investigation and subsequent reporting to the SEC and a related successful enforcement action. This is the first time a whistleblower has benefited from the 120 day internal reporting safe harbor. |
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| 4.5M | 5/17/2021 | Awards granted to two out of five Claimants. There were two Covered Actions, an "Individual Action" and a "Company Action" and the first successful Claimant - who received less - only contributed to the Individual Action. The second successful Claimant was initially denied an award for not voluntarily reporting, but this was found to be in error. |
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| 4.2M | 5/27/2021 | The SEC found that Claimant provided detailed, credible information that prompted the opening of its investigation, and ongoing assistance that included identifying key players and helpful documents. |
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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
