Monday, January 4, 2016

Dodd-Frank Whistleblower Program Makes its Annual Report to Congress

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: