The Securities and Exchange Commission (SEC) has surpassed $900 million in whistleblower awards with a $28 million payout announced Wednesday.
The SEC said the whistleblower aided in an SEC investigation as well as another investigation launched by a separate federal agency. Under the SEC’s whistleblower program, individuals who provide information to other agencies may be eligible for an award in the related action, if they are also eligible for an award in the underlying SEC action.
