The Whistleblower Program was instituted in August of 2011
with the purpose of incentivizing people with inside, original information
about potential securities law violations to come forward and share that
information with the SEC. In order to incentivize whistleblowers, the
Whistleblower Program may award whistleblowers an amount between 10% and 30% of
the monetary sanctions collected. The Whistleblower Program recently released
its 2015 annual report to Congress.
Some interesting things from the report are the following:
