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Award announcement

SEC awards about $6 million to joint whistleblowers

The Commission said joint whistleblowers provided information that opened an examination and mapped an enforcement action. It did not name them or the case.

Not legal advice. Program rules are set by the government sources linked on this page.

On April 21, 2025, the SEC announced an award of approximately $6 million to joint whistleblowers. Release 2025-67 says they provided new information that led to the opening of an examination and a roadmap for an enforcement action. The release does not name the whistleblowers or the underlying case. 1

The release says awards can range from 10 to 30 percent of money collected when monetary sanctions exceed $1 million, and that payments come from an investor protection fund financed by sanctions paid by securities-law violators. It says the SEC does not disclose information that could reveal a whistleblower’s identity. 1

Sources

  1. SEC Awards $6 Million to Joint Whistleblowers, Release 2025-67, April 21, 2025 U.S. Securities and Exchange Commission

Programs

U.S. Securities and Exchange Commission, Office of the Whistleblower

SEC whistleblower

Awards of 10% to 30% of monetary sanctions collected when an SEC enforcement action orders more than $1 million and the whistleblower’s information leads to that action.