Recent Amendments to SEC Whistleblower Award Program

5th October 2020

The Securities and Exchange Commission (“SEC”) has adopted amendments to the whistleblower program rules that the SEC suggests are designed to provide greater clarity to whistleblowers and increase the program’s efficiency and transparency.  

The SEC has awarded approximately $523 million to 97 individuals since the program began. In the past three and a half years, the agency has made the five top largest awards in the program’s history – two at $50 million, and one each at $39 million, $37 million, and $33 million. 

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