The SEC Whistleblower Program offers awards to eligible whistleblowers who provide original information that leads to successful SEC enforcement actions with total monetary sanctions exceeding $1 million. A whistleblower may receive an award of between 10% and 30% of the total monetary sanctions collected in actions brought by the SEC and in related actions brought by other regulatory or law enforcement authorities. The SEC Whistleblower Program allows whistleblowers to submit tips anonymously if represented by an attorney in connection with their tip.

Since the inception of the SEC Whistleblower Program, the SEC has paid more than $1.2 billion in awards to whistleblowers, including to whistleblowers that we have represented. The largest SEC whistleblower awards to date are $114 million, $110 million, and $50 million. See a summary of the SEC whistleblower cases that have resulted in large awards. Experienced and effective SEC whistleblower attorneys can provide critical guidance and effective advocacy to whistleblowers to increase the likelihood that they get the maximum award.

SEC Whistleblower Program's Success

In 2010, Congress enacted the whistleblower-reward provisions in the Dodd-Frank Act to “motivate those with inside knowledge to come forward and assist the Government to identify and prosecute persons who have violated securities laws and recover money for victims of financial fraud,” S. Rep. No. 111-176, at 110 (2010).

In its short history, the SEC...

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