sec whistleblower program

August 3rd, 2023

New rules adopted by the Securities and Exchange Commission (SEC) that require companies to disclose any cybersecurity breach that they deem to be material and to make annual disclosures regarding their cybersecurity may potentially form the basis for SEC whistleblower claims related to the sufficiency …

June 22nd, 2022

Exposing unlawful conduct by a business often creates significant monetary exposure for that company and any individual employees engaged in wrongdoing. While the U.S. Securities and Exchange Commission is focused on preserving the confidentiality of whistleblowers’ identities, individuals who step forward to report securities fraud …

May 19th, 2022

Last year alone, the U.S. Securities and Exchange Commission (SEC) issued approximately $564 million in whistleblower awards, stemming from the agency’s recovery of almost $5 billion through enforcement actions predicated on tips from whistleblowers. Those awards brought the total amount of money issued to whistleblowers …

April 29th, 2022

Congress created the whistleblower program administered by the U.S. Securities and Exchange Commission (SEC) with the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The government passed the Dodd-Frank Act, in the wake of the Great Recession, to increase protections …