SEC Hands Out First Whistleblower Payment, Hints at More To Come

, Corporate Counsel


The significance of the first whistleblower payment from the Securities and Exchange Commission this week wasn't the size of the payout—just $50,000—but rather the clear message that there's much more to come.

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What's being said

  • Lulaine

    Whistleblowers are having a tough time and this new program will at least give them something to look forward to. The status quo of whistleblowers was to get rewarded after trial but many of the times, they are facing a hostile work environment and I think people forget just how hostile a workplace can be for whistleblowers. At least a $50,000 reward can give them some breathing room to find a new job.

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