The Odds of Winning Millions—as a Whistleblower

Whistleblowers Can Win Millions

Blowing the Whistle on Violators Can Be Worthwhile

Under the whistleblower provisions of the Dodd-Frank Wall Street Reform Act of 2010 (Dodd-Frank), both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) were empowered to extend monetary awards to whistleblowers who provide tips and original information to the two agencies that lead to enforcement actions with sanctions that exceed $1 million. The “winning whistleblower” can receive an award valued between 10 percent and 30 percent of the amount of the penalties collected. Since its inception in 2011, the SEC’s whistleblower program alone has paid over $57 million to whistleblowers. And the odds of winning just keep getting better.

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