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SEC awards whistleblower more than $37m in first award of 2024

Lower Manhattan and One World Trade Center in New York City are reflected in the top of a monument at sunset as a person walk next to the Hudson River.
Photo: Gary Hershorn/Getty Images

Record award comes in a year in which more than $501m was awarded to whistleblowers.

The SEC has made its first whistleblower award of 2024, with an individual awarded more than $37m for assistance. The SEC said that the whistleblower, previously not known to the Commission, “significantly contributed” to a successful enforcement action.

The whistleblower also helped speeding up the investigation by assisting enforcement staff by