SEC doubles previous record with $114M whistleblower award
By 
Aaron Nicodemus2020-10-22T20:01:00
A $114 million whistleblower payout announced Thursday is the highest ever awarded by the Securities and Exchange Commission, more than doubling the previous $50 million record set in June.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
ArticleCFTC issues record $200M whistleblower award
The Commodity Futures Trading Commission paid out what is believed to be the largest-ever whistleblower award to an individual—nearly $200 million—who provided credible information to open investigations launched by the CFTC, another U.S. regulator, and a foreign regulator.
-
ArticleSEC whistleblower head Jane Norberg to depart
The head of the Securities and Exchange Commission’s whistleblower program, Jane Norberg, will leave her post later this month.
-
ArticleSEC sets whistleblower annual award record ($176M) four months into fiscal year
The Securities and Exchange Commission has announced over $176 million in whistleblower awards in the first four months of the current fiscal year, already more than any other year in its history.
More from Whistleblowers
-
ArticleCompliance main complaint raised by whistleblowers to U.K. financial regulator
More complaints about compliance are reported to the U.K.’s financial services watchdog than any other kind of potential misconduct, and even if few of them result in investigation or censure, experts believe such reports help inform future supervision and enforcement.
-
ArticleEmployee faith in whistleblowing programs wanes when companies act selectively
Whistleblowing hotlines are rightly championed as valuable tools for employees and even third parties to raise concerns about corporate conduct. But it seems some complaints may be acted upon more keenly than others, particularly if blame can be pinned to one individual and any potential fallout can be ring-fenced.
-
News BriefMore federal whistleblowers come forward amid government layoffs
As the Trump administration continues to reduce the number of workers at multiple federal agencies, there has been a record number of whistleblowers coming forward.