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Sec Awards $54m To Two Whistleblowers - Latest News

SEC Awards Largest Whistleblower Payment Ever

says this award is “the beginning of what is likely to be a wave of SEC whistleblower payments,” because it has been two years since the rules went into effect, and agency investigations typically tak... read more

SEC Issues Two Whistleblower Awards, Handing Out $54 Million

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Photo: Reuters The Securities and Exchange Commission said Thursday it issued two whistlebl... read more

U.S. SEC awards Merrill Lynch whistleblowers a record $83 million

The SEC announced the size of the awards on Monday but did not say which case led it to pay two whistleblowers $50 million and a third $33 million. A law firm representing the whistleblowers said thei... read more

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SEC hands out $875,000 to two whistleblowers

The U.S. Securities and Exchange Commission is giving two anonymous whistleblowers a total of $875,000. The SEC said Tuesday that the money is an award for tipping off the government with information ... read more

SEC set to hand out up to $452M to whistleblowers

The cash is part of the regulator’s whistleblower ... SEC officials would not say when the first awards under the program would be made — but securities lawyers said the cash payout would certainly le... read more

Former SEC Commissioner Stein says she’s proud of modernization effort, frustrated by lack of Dodd-Frank progress

Stein: I asked a version of that question two years ago. I wanted to know about ... “In FY 2018 alone, the SEC awarded more than $168 million in whistleblower awards to 13 individuals whose informatio... read more

SEC sets record for highest whistleblower payout

The Securities and Exchange Commission (SEC) has issued the largest rewards for whistleblowers under the Dodd-Frank Act, setting a new record at more than $33 million. The SEC announced Monday that it ... read more

New rules offer big cash awards to whistleblowers

... by its failure to halt Bernard Madoff's multibillion-dollar fraud over nearly two decades, despite red flags raised by whistleblowers. The SEC has made few awards to whistleblowers under its bount... read more

SEC Wants the Power to Limit the Size of Whistleblower Awards

So, the SEC is proposing amendments to rules governing the whistleblower program. Among other things, the changes would give commissioners more discretion over the dollar size of awards ... the amendm... read more

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