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.
U.S. Securities and Exchange Commission awarded $3.2 million to four whistleblowers who analyzed complex accounting data in public filings and shared their expertise with SEC enforcement staff. On the same day, the SEC also issued five separate whistleblower award denials.
Securities and Exchange Commission SEC settles with Brinks for Exchange Act violation. DC Circuit Court of Appeals ruled in favor of SEC in whistleblower award denial case Ross v. SEC. SEC awards close to $10,000,000 in FY 2022 Q2.
the U.S. Securities and Exchange Commission SEC issued two whistleblower awards to individuals who voluntarily provided original information which contributed to the success of the same enforcement action.
The U.S. Securities and Exchange Commission issued two whistleblower awards totaling more than $4 million. The awarded whistleblowers provided the SEC with information and assistance which led to successful enforcement actions.