The SEC awarded $50 million to two whistleblowers for providing information that helped the agency to bring a successful enforcement action.
According to the SEC Order Determining Whistleblower Award Claims, which redacted many key case facts, one whistleblower received $37 million, while the other received $13 million. The SEC noted that $37 million is the agency's third-highest award to date.
Two other whistleblowers were denied awards because their original information, the SEC noted, did not cause the staff to do any of the following:
Since issuing its first whistleblower award in 2012, the SEC has granted roughly $376 million to 61 informants and recovered over $1.7 billion in enforcement matters involving whistleblower information.
The SEC awarded more than $54 million to two whistleblowers for providing critical information that resulted in an enforcement action.
The SEC awarded approximately $4 million to an overseas whistleblower whose tip led to a successful enforcement action.
In its 2018 report to Congress, the SEC reported that it received the largest number of whistleblower tips and paid the most in rewards in program history.