https://www.sec.gov/news/press-release/2022-125

Washington D.C., July 19, 2022 —
The Securities and Exchange Commission today announced an award of more than $17 million to a whistleblower who provided information and assistance in a covered action and related action.

The whistleblower’s information prompted SEC staff to open a new investigation that led to the successful covered action. The whistleblower also provided SEC Enforcement staff with detailed information and documents throughout the investigation. Further, because the same information led to the success of the related action, the whistleblower is also entitled to an award based on amounts collected in the related action.

"Today’s award underscores the SEC’s commitment to rewarding meritorious whistleblowers who provide valuable information and exemplary cooperation that advance the agency’s enforcement efforts," said Creola Kelly, Chief of the SEC’s Office of the Whistleblower.

The SEC has awarded approximately $1.3 billion to 278 individuals since issuing its first award in 2012. All payments are made out of an investor protection fund established by Congress that is financed entirely through monetary sanctions paid to the SEC by securities law violators. No money has been taken or withheld from harmed investors to pay whistleblower awards. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose any information that could reveal a whistleblower’s identity.


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How to make money snitching

https://www.kmblegal.com/practice-ar...stleblower-law


How does the SEC Whistleblower Program Work?
Individuals who have information concerning securities violations or that payment of bribes to foreign officials can submit their information to the SEC Office of the Whistleblower on a form provided by the SEC. If the SEC investigates and the whistleblower’s information helps the commission recover more than $1 million, the SEC lists the matter on its website as a “covered action,” and the whistleblower can file an application for an award. At what level between 10 and 30 percent the SEC sets the whistleblower’s award depends on a number of factors. Awards are paid from a special $450 million Investor Protection Fund established by the Dodd-Frank Act.

Can Whistleblowers Submit Information to the SEC Anonymously?

The SEC Whistleblower Program allows individuals to submit information anonymously. This is an important feature of the program, as it helps minimize the potential for career harm and thus encourages insiders with access to critical information to come forward. For whistleblowers who desire to submit information anonymously, the program rules require that the whistleblower obtain counsel, who can then submit the information anonymously on the whistleblower’s behalf. SEC staff take great care to maintain the whistleblower’s anonymity in any ensuing investigation.

When will it be Nancy Pelosi‘s turn.

surely you can report her and her husband for the reward

nah who are we kidding

What do you think they give a snitch who rats out a democrat? 2 bullets to the back of the head maybe?

Fake suicide by hanging obviously.....

Only when the outcome benefits the system

Ask Julian Assange, Chelsea manning, Edward Snowden or the other anti establishment/ pro information whistleblowers how it worked out for them