The SEC issued a $20 million whistleblower award to an individual who voluntarily provided information and assistance that contributed to the success of an enforcement action. The whistleblower met with Enforcement staff multiple times and remained cooperative.
U.S. Securities and Exchange Commission issued $20 million whistleblower award to person whose disclosure contained new, critical information that led to successful enforcement. Through SEC Whistleblower Program, qualified whistleblowers are entitled to 10-30% of sanctions.