On September 24, 2021, the SEC announced an approximately $36 million award to a whistleblower who provided critical information to the SEC that contributed to a successful enforcement action. (The order granting the award can be accessed here.)
Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower noted that “[w]histleblowers can act as a springboard for an investigation or, like here, they can propel forward an already existing investigation.”
Since issuing its first whistleblower award in 2012, the SEC has awarded approximately $1.1 billion to 214 individuals.