Tagged: SEC whistleblower program

31 Aug, 2022

SEC Modifies Whistleblower Regulations

The SEC has a long list of priorities and a full agenda. One issue on its list was to address changes needed to the SEC’s whistleblower program. The SEC’s whistleblower program has been a success. It was adopted as part of the Dodd-Frank Act in 2010. Since then, it has resulted in significant enforcement actions and large payouts to whistleblowers. Like any other program, the...

General

8 Oct, 2020

SEC Amends Whistleblower Rules

By any measure, the SEC’s whistleblower program has been a success. Since its inception about 10 years ago, the SEC has collected $2.5 billion in financial recoveries based on whistleblower tips. A large portion of this money has been returned to victim investors. Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act added Section 21F to the Securities Exchange Act of 1934...