{"id":6528,"date":"2018-09-18T13:19:39","date_gmt":"2018-09-18T13:19:39","guid":{"rendered":"http:\/\/www.investorlawyers.com\/?p=6528"},"modified":"2018-09-18T13:19:39","modified_gmt":"2018-09-18T13:19:39","slug":"sec-issues-55-5m-in-whistleblower-awards","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/","title":{"rendered":"SEC Issues $55.5M in Whistleblower Awards"},"content":{"rendered":"<p>\t\t\t\tThe US Securities and Exchange Commission announced this month that it is granting $55.5M in whistleblower awards to three people\u2014two of them over the same enforcement action. These latest awards means that 58 whistleblower have been collectively awarded $322M since the regulator began issuing these in 2012.<\/p>\n<p>In the same enforcement action, the SEC awarded $15M to one whistleblower and $39M to another. The latter award is the second largest award that the agency\u2019s whistleblower program has granted to one person to date.<\/p>\n<p>Under the SEC\u2019s program, individuals who voluntarily provide unique, timely, and true information to the Commission, with said information resulting in a successful enforcement action and sanctions of over $1M, may be eligible to receive 10-30% of the funds collected. All awards are taken out of an investor protection fund set up by Congress. The money in the fund comes from sanctions paid by securities law violators.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/\"  title=\"Continue Reading SEC Issues $55.5M in Whistleblower Awards\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission announced this month that it is granting $55.5M in whistleblower awards to three people\u2014two of them over the same enforcement action. These latest awards means that 58 whistleblower have been collectively awarded $322M since the regulator began issuing these in 2012. In the same enforcement action, the SEC awarded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3810,3760,3938],"tags":[2961,3014],"class_list":["post-6528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cftc","category-sec-enforcement","category-whistleblowers","tag-sec","tag-sec-whistleblower-awards"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Issues $55.5M in Whistleblower Awards | SSEK Law Firm<\/title>\n<meta name=\"description\" content=\"Learn how the SEC issued $55.5M in whistleblower awards on the SSEK Law Firm blog. Since 2012 $322M has now been awarded.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Issues $55.5M in Whistleblower Awards | SSEK Law Firm\" \/>\n<meta name=\"twitter:description\" content=\"Learn how the SEC issued $55.5M in whistleblower awards on the SSEK Law Firm blog. Since 2012 $322M has now been awarded.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2018\/09\/9.18.18.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Issues $55.5M in Whistleblower Awards | SSEK Law Firm","description":"Learn how the SEC issued $55.5M in whistleblower awards on the SSEK Law Firm blog. 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Since 2012 $322M has now been awarded.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2018\/09\/9.18.18.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"SEC Issues $55.5M in Whistleblower Awards","datePublished":"2018-09-18T13:19:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/"},"wordCount":513,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2018\/09\/9.18.18.jpg","keywords":["SEC","SEC whistleblower awards"],"articleSection":["CFTC","SEC Enforcement","Whistleblowers"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/","url":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/","name":"SEC Issues $55.5M in Whistleblower Awards | SSEK Law Firm","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-issues-55-5m-in-whistleblower-awards\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2018\/09\/9.18.18.jpg","datePublished":"2018-09-18T13:19:39+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Learn how the SEC issued $55.5M in whistleblower awards on the SSEK Law Firm blog. 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