SEC's Whistleblower Program Hits Its Stride In 2018

Law360 (November 19, 2018, 8:02 PM EST) -- The momentum behind the U.S. Securities and Exchange Commission's whistleblower program continued to build in 2018, culminating in the agency handing out more awards this year than all other years of the program combined.

The SEC awarded about $168 million to 13 whistleblowers in the year ended Sept. 30, more than the $158 million total it handed out to 46 whistleblowers during the past seven years of the program, according to its 2018 Annual Whistleblower Report to Congress released last week. The increase is likely due to the simple fact that more attorneys and whistleblowers have become aware of the program...

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