SEC Enforcement Action Awards

SEC Enforcement Action Awards offer large financial rewards to financial professionals who expose financial crimes. Further, the SEC just awarded $114 million to a SEC whistleblower who helped expose significant illegal conduct. More specifically, the SEC offers large financial rewards to any whistleblower who provides original information that leads to a SEC Enforcement Action. This original information needs to expose significant illegal schemes against the US financial markets. Further, the SEC protects the confidentiality of whistleblowers and does not disclose information that could reveal a whistleblower’s identity.

SEC Enforcement Action Awards
SEC and CFTC Anonymous Whistleblower Rewards offer large financial incentives to anonymous whistleblowers.

SEC Enforcement Action Awards Increase to $676 Million

Since the beginning of the SEC whistleblower program, the SEC has awarded approximately $676 million to 108 individuals. Further, SEC enforcement action awards range from 10 percent to 30 percent of the the money collected. More specifically, when an enforcement action obtains monetary sanctions from a defendant that exceeds $1 million, the SEC typically makes an award.  Many of the financial rewards exceed $1 million because many of the enforcement actions fine defendants over $10 million. In fact, some enforcement actions recoup hundreds of millions or billions of dollars.

SEC Enforcement Action Awards Include Awards from Related Actions by Other Agencies

The SEC commonly works with other government agencies including the CFTC, DOJ, FTC, and Fin-CEN. Through these collaborations, the SEC commonly obtains large fines against large corporations who violated that law. Further, other government agencies also commonly take action against large banks and other corporations who knowingly violate the law. Together, these enforcement actions commonly recoup hundreds of millions or billions of dollars from defendants.

SEC and CFTC Whistleblower Reward Programs Offer Large Financial Rewards to Anonymous Whistleblowers

Both the SEC and CFTC Whistleblower Reward Program offer large financial reward to anonymous whistleblowers. More specifically, these whistleblower reward programs encourage financial professionals to anonymously expose significant illegal conduct. Further, both programs allow financial professionals to anonymously expose illegal schemes through a lawyer and claim a reward. For more information on SEC Enforcement Action Awards and CFTC Whistleblower Rewards, please go to the following web pages: CFTC Whistleblower Reward Lawyer, Securities Exchange Act Violation Lawyer, and Anonymous SEC Whistleblower Lawyer.