More than two years after proposing them, the Securities and Exchange Commission (SEC) approved a series of amendments Wednesday to its whistleblower program that were designed to make the issuance of awards more streamlined and efficient. An amendment that addressed the agency’s evaluation of large awards, however, was excoriated by two commissioners and some whistleblower advocates.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...