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The Supreme Court in Digital Realty Trust narrowed the definition of a whistleblower under the Dodd-Frank Act only to those persons who have provided information of a securities laws violation to the U.S. Securities and Exchange Commission (SEC), resolving a split between the Fifth and Ninth Circuits. Digital Realty Trust, Inc. v. Somers, ___ U.S. ___, No. 16-1276 (Feb. 21, 2018).

In August 2016, a former risk officer wrote an opinion piece published by the Financial Times explaining his reason for allegedly rejecting a whistleblower award of USD 8.25 million (half of the 16.5 million total).

The SEC awarded $27 million to a whistleblower for providing information that led to a successful enforcement action.

The SEC awarded $50 million to two whistleblowers for providing information that helped the agency to bring a successful enforcement action.

The SEC amended its whistleblower program with the goals of (i) providing greater transparency to whistleblowers, (ii) properly incentivizing whistleblowers and (iii) awarding whistleblowers to the "maximum extent appropriate."

In a clear sign of the increased awareness of the SEC's whistleblower program, the SEC awarded five whistleblowers a total of over $26 million for their assistance in four separate enforcement actions between May 13 and June 9.

In separate enforcement actions, the SEC ordered its first two whistleblower awards for 2020.

On September 22, 2014, the SEC announced its largest whistleblower award to date under its Dodd-Frank whistleblower bounty program.

In its annual report for 2020, the Division described its "triage" of 16,000 COVID-19 related tips, complaints and referrals.

A recent SEC announcement shows the continuing rewarding of whistleblowing in the US.

Under SEC rules, disclosures of misconduct by those whose principal duties are related to compliance or internal auditing do not qualify as "original information" eligible for whistleblower status.

In November, the SEC Office of the Whistleblower released its 2013 Annual Report on the Dodd-Frank Whistleblower Program.

Waiving one of the whistleblower award eligibility requirements, the Securities and Exchange Commission recently awarded more than $400,000 to a whistleblower.

Members of WilmerHale's Dodd-Frank Whistleblower Working Group recently published an article series in the January and April editions of Bloomberg BNA's Securities Regulation & Law Report.

Last week, the Department of Justice (DOJ) announced the largest deferred prosecution agreement for violations of the Arms Export Control Act (AECA), ...

Underscoring the Administration's intention to eradicate DEI preferences and mandates, the Department of Justice (DOJ) launched a new Civil Rights Fraud Initiative...

While most legal conferences may not be newsworthy, the American Bar Association's National Institute on White Collar Crime is an exception. Indeed, the federal government's...

This third installment of the 10 Compelling Reasons for Employment Arbitration explores the impact of an arbitration agreement on a plaintiff's litigation strategy.