The U.S. Securities and Exchange Commission’s (SEC) Office of the Whistleblower this week released its annual report for 2015, showing that the agency received 4,000 tips this year — marking a 30 percent increase in whistleblower activity since 2012. Since August 2011, when the SEC’s whistleblower program went into effect, the agency has awarded 22 whistleblowers more than $54 million. According to the SEC’s report, whistleblowers shared awards totaling more than $37 million in 2015 alone – nearly 70 percent of the total awards since the program started. The SEC’s whistleblower program awards whistleblowers a percentage of any monetary sanction ... Read More
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