The SEC announced that it adopted the preliminary determination related to a "notice of covered action" which awarded "more than $4 million to a whistleblower whose original information alerted the agency to a fraud." The SEC reported that its Whistleblower Program now has awarded more than $111 million to 34 whistleblowers since its 2011 inception.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.