By Ada W. Dolph, Adam R. Young, and Craig B. Simonsen
The Securities and Exchange Commission’s (SEC) Office of the Whistleblower (Office) recently released its 2015 Annual Report on the Dodd-Frank Whistleblower Program (Report) (November 16, 2015).
In Fiscal Year 2015 alone, the Commission paid more than $37 million to reward eight whistleblowers for their provision of original
Continue Reading SEC Whistleblower Report Shows Increase in “Tips”
By Ada W. Dolph and Craig B. Simonsen
Whistleblowers continue to reap extraordinary awards under Dodd-Frank’s “bounty” program in exchange for bringing the Securities and Exchange Commission (SEC) “original” information that leads to a successful enforcement action. Most recently, the SEC announced its third-highest award since Dodd-Frank was enacted — an award of “more than $3,000,000” — to one such
Continue Reading SEC Announces Third-Largest Dodd-Frank Bounty Award