• Exclusives
  • Qui Tam
  • SEC
  • CFTC
  • FCPA
  • Whistleblowers Handbook
Subscribe
Donate
No Result
View All Result
Whistleblower Network News
The Truth at Any Cost.
Qui Tam, Compliance and Anti-Corruption News.
Whistleblower Network News
  • Exclusives
  • Qui Tam
  • SEC
  • CFTC
  • FCPA
  • Whistleblowers Handbook
Subscribe
Donate
No Result
View All Result
Whistleblower Network News
No Result
View All Result
Home News

SEC Whistleblower Program Pays Whistleblowers a Record $168 Million in 2018

Farhat MuruwatbyFarhat Muruwat
November 29, 2018
in News, SEC
Reading Time: 2 mins read
Share on TwitterShare on FacebookShare on LinkedInEmail

SEC-Building-DCThe Securities and Exchange Commission’s (SEC) recently published its annual report on the SEC Whistleblower program. According to the report, in 2018 the SEC paid the largest amount of whistleblower awards in the program’s history, with payouts totaling $168 million. This year the SEC whistleblower program also gave its largest whistleblower award to date, $84 million. Many of those receiving the reward were company outsiders and non-U.S. residents.

Since its inception, the SEC whistleblower program has awarded $326 million and has recovered $1.7 billion to the U.S. Treasury. Investors have also gained with an estimated $432 million returned.

These numbers continue to highlight the importance of using whistleblower incentives to root out violations of securities laws. Whistleblower attorney Stephen M. Kohn, who serves as the Executive Director of the National Whistleblower Center praised the SEC Whistleblower program but warned against any changes such as the rule changes that were proposed in July. He emphasized that the changes would have “serious crippling effect” on corporate compliance. “Unfortunately, the Commission has proposed new rules that will severely undercut the progress that has been made with the program. We must work together to ensure that the new rules, that would limit rewards and discourage reporting, are not approved by the Commission.”

Read: 2018 Annual Report to Congress about the SEC Program

Protect Yourself: Purchase the New Whistleblower Handbook Protect Yourself: Purchase the New Whistleblower Handbook Protect Yourself: Purchase the New Whistleblower Handbook
Tags: SECSEC Whistleblower programSEC Whistleblowers
Previous Post

Opinion: Knowledge exchange at the forefront of environmental law enforcement

Next Post

Opinion: Pharma Giant Graduates to Compliance 2.0

Farhat Muruwat

Farhat Muruwat

Next Post

Opinion: Pharma Giant Graduates to Compliance 2.0

Write a Letter to The Editor.

Receive Daily Alerts

Subscribe to receive daily breaking news and legislative developments sent to your inbox.

  • This field is for validation purposes and should be left unchanged.

Most Popular

National Whistleblower Center Calls on Federal Agencies to Recognize National Whistleblower Day

CFTC Announces Largest Settlement in Agency History

Dr. Yasmine Motarjemi

Whistleblower Advocates Call for Senate Action on Stalled PRO Act

UK Events to Focus on Corporate Whistleblowing

Houses Passes Bill Mandating Whistleblower Training for VA Employees

Whistleblower Poll

Whistleblower Poll
Whistleblower Poll

Exclusive Marist Poll: Overwhelming Public Support Among Likely Voters For Increased Whistleblower Protections

byGeoff Schweller
October 6, 2020

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

STAY INFORMED.
Subscribe to receive breaking whistleblower updates.

  • This field is for validation purposes and should be left unchanged.

About Us

  • About
  • Contact Us
  • Donate

Subscribe

  • Daily Mail
  • Follow us on Twitter
  • YouTube Channel

Contribute

  • Letter to the Editor
  • Submission Guidelines
  • Reprint Guidelines

Your Experience

  • Accessibility Statement
  • Privacy Policy
  • Terms of Use

Help

  • The Whistleblowers Handbook
  • Advertise
  • FAQs
Whistleblower Network News

Whistleblower Network News is an independent online newspaper providing our readers with up-to-date information on whistleblowing. Our goal is to be the best source of information on important qui tam, anti-corruption, compliance, and whistleblower law developments. 

Submit an Article

Copyright © 2021, Whistleblower Network News. All Rights Reserved.

This Newspaper/Web Site is made available by the publisher for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this website, you understand that there is no attorney-client relationship between you and the Newspaper/Web Site publisher. The Newspaper/Web Site should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

No Result
View All Result
  • Exclusives
  • Government
    • False Claims-Qui Tam
    • Federal Employees
    • Intelligence
  • Corporate
    • CFTC & Commodities
    • Dodd-Frank
    • IRS & Tax
    • SEC & Securities
  • Features
  • Legislation
  • International
    • Foreign Corruption
  • Rewards
  • Whistleblower of the Week
  • Environment & Climate
  • Opinion
  • Editorial
  • Employment
    • Sarbanes-Oxley Whistleblowers
    • Retaliation
    • OSHA
  • Media
    • Podcasts
    • Videos
    • Webinars
    • National Whistleblower Day
  • Whistleblower Poll
  • Whistleblower Resources
    • Frequently Asked Questions
    • The New Whistleblowers Handbook
  • National Whistleblower Day ’22

Copyright © 2020, Whistleblower Network News. All Rights Reserved.

Become a Whistleblower Network News Subscriber

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Subscribe to WNN

Retrieve your password

Please enter your username or email address to reset your password.

Subscribe to WNN
Get Whistleblower Network News Mail
Subscribe
Free Sign-up!
close-image

Add New Playlist

Go to mobile version