SEC Rewards
SEC’s Misuse of TCR System Has Consequences for SEC Whistleblowers
On February 26, 2026, the Securities and Exchange Commission (SEC) issued a Final Order denying a whistleblower an award because SEC officials did not read their submitted TCR. This determination affirms growing concerns among whistleblower advocates that the SEC is...
SEC Denies All Whistleblower Awards in First Quarter of 2026
The Securities and Exchange Commission (SEC) has denied all 24 whistleblower award claims in the first quarter of fiscal year 2026. This marks only the second time since 2016 that the SEC’s whistleblower program did not grant an award in...
SEC Whistleblower Awarded More Than $20 Million
On December 12, the U.S. Securities and Exchange Commission (SEC) announced that a whistleblower will receive over $20 million as an award. According to the agency, the whistleblower “provided information and assistance that significantly contributed to a successful enforcement action”...
SEC Whistleblower Nets $20 Million Award While Agency Denies Awards to Two Other Individuals
On November 28, the U.S. Securities and Exchange Commission (SEC) announced that a whistleblower “who provided new and critical information that led to the success of an enforcement action” received a $20 million whistleblower award. The award order sheds light...
The Largest SEC Awards of 2021
The 2021 fiscal year was a record-shattering year for the U.S. Securities and Exchange Commission (SEC) Whistleblower Program. Over the course of the fiscal year, the SEC issued approximately $564 million in whistleblower awards to 108 individuals. These awards included...
$10.4 Million in Awards Issued to Seven SEC Whistleblowers
On November 22, seven whistleblowers received $10.4 million in awards from the U.S. Securities and Exchange Commission (SEC) for information and assistance they provided in multiple covered actions. In the first award order, one whistleblower received more than $6.2 million,...
SEC Issues $1.2 Million Whistleblower Award
On July 15, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award of $1.2 million to an individual who “provided SEC staff with valuable information and ongoing assistance,” according to the SEC’s press release. Through the SEC Whistleblower...
SEC Whistleblowers Receive $50 Million Award – Second Largest in Program History
On April 15, the U.S. Securities and Exchange Commission (SEC) announced it awarded over $50 million to joint whistleblowers who provided information that “alerted SEC staff to violations that involved highly complex transactions and would have been difficult to detect...
Record Year Continues: SEC Whistleblower Nets $2.5 Million Award
On April 9, the U.S. Securities and Exchange Commission (SEC) issued a $2.5 million whistleblower award to an individual who provided the SEC with information and additional assistance that greatly contributed to a successful enforcement action. “The whistleblower in this...
SEC Sets Another Fiscal Year Record with $500,000 Whistleblower Award
On March 29, the U.S. Securities and Exchange Commission (SEC) awarded more than $500,000 to a whistleblower whose disclosure allowed the SEC to shut down an ongoing fraudulent scheme. With this award, the SEC set a new record for the...
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