SEC

Facebook whistleblower Frances Haugen’s allegations against the tech giant have led to heightened pressure for the U.S. Securities and Exchange Commission (SEC) to investigate the company. Following Haugen’s disclosure, another former Facebook employee has filed an anonymous SEC whistleblower disclosure...

On October 5, Representative Al Green (D-TX) introduced the Whistleblower Protection Reform Act of 2021. The bill strengthens the SEC Whistleblower Program through a number of different reforms. On October 21, a collection of whistleblower advocacy groups sent a letter...

On October 18, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award of approximately $400,000. The whistleblower provided the SEC with original information that led to a successful enforcement action. However, the SEC reduced the award size because...

On October 15, the U.S. Securities and Exchange Commission (SEC) announced it issued whistleblower awards totaling over $40 million. The agency has now issued seven whistleblower awards since the 2022 fiscal year began on October 1, 2021. The 2021 fiscal...

Facebook whistleblower Frances Haugen’s testimony in front of Congress has increased the pressure on the U.S. Securities and Exchange Commission (SEC) to investigate Facebook’s handling of toxic and illicit content on its platform. Following Haugen’s testimony, SEC Chair Gary Gensler...

Recent allegations and disclosures by Facebook whistleblower Frances Haugen against the social media company have brought public attention to the tech giant’s handling of toxic and criminal content on its platform. Haugen’s claims support allegations made by several other anonymous...

On September 28, the U.S. Securities and Exchange Commission (SEC) announced it permanently barred two individuals from its whistleblower award program. Both individuals had submitted hundreds of award applications which the SEC deemed frivolous because they did not have any...

On September 24, the U.S. Securities and Exchange Commission (SEC) announced a whistleblower award of approximately $36 million. The award was issued to a whistleblower who provided information and assistance that contributed to the success of enforcement actions carried out...

On September 17, the U.S. Securities and Exchange Commission (SEC) issued whistleblower awards totaling $11.5 million to two whistleblowers who provided the SEC with original information that helped lead to a successful enforcement action. The awards come two days after...

The U.S. Securities and Exchange Commission’s (SEC) highly successful whistleblower program reached a historic milestone on September 15. The agency issued two whistleblower awards totaling $114 million and with the awards surpassed $1 billion in total money awarded to whistleblowers...