The U.S. Securities and Exchange Commission (“SEC”) has published its Fiscal Year (“FY”) 2021 annual report to Congress on its Whistleblower Program. The report highlights, among other things, that in FY 2021 the SEC Whistleblower Program awarded approximately $564 million to 108 individuals – both the largest dollar amount and the largest number of individuals awarded in a single fiscal year since the inception of the program. The report also provides detailed information on the tips received by the SEC’s Whistleblower Program, broken down by type of allegation and geographic origin. Since the inception of the program, the SEC has awarded more than $1.1 billion to 214 individuals for providing key information that led to successful SEC and other agency enforcement actions.
Read the annual report here.
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