The 2013 Dodd-Frank Whistleblower Program Annual Report

In November, the SEC Office of the Whistleblower ("OWB") released its 2013 Annual Report on the Dodd-Frank Whistleblower Program (the "Report"). The Report details the number of whistleblower tips and complaints received and the amount of whistleblower awards made during fiscal year 2013.

Whistleblower Complaints and Tips FY 2013

According to the Report, the SEC received 3,238 whistleblower tips and complaints for fiscal year 2013 — an increase of 237 over the previous year. Six major allegation categories made up approximately 66% of the whistleblower tips and complaints:

• 17.2% alleged corporate disclosures and financials violations;
• 17.1% alleged offering fraud;
• 16.2% alleged market manipulation;