SEC awards $104M between seven whistleblowers in one action

Whistleblower

The Securities and Exchange Commission (SEC) announced awards totaling more than $104 million to seven whistleblowers whose information and assistance led to a successful enforcement action.

The combined award is the fourth largest in the whistleblower program’s history, the agency said in a press release Friday.

“[S]pecific and credible information plays an integral part in the SEC’s enforcement efforts,” Creola Kelly, chief of the SEC’s Office of the Whistleblower, said in the release. “These whistleblowers provided information that helped enforcement staff detect and prosecute wrongdoing in a timely manner.”

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