The Securities and Exchange Commission (SEC) received more than 18,000 tips from whistleblowers reporting violations of securities laws last year.
https://www.sec.gov/enforcement-litigation/whistleblower-program
The SEC's whistleblower program was established by Congress to incentivize whistleblowers to report specific, timely and credible information about possible federal securities laws violations.
The Commission is authorized to provide monetary awards to eligible individuals who come forward with high-quality original information that leads to an SEC enforcement action in which over $1 million in sanctions is ordered. The range for awards is between 10% and 30% of the money collected.
In 2023, a record sum of $279 million was paid out to an anonymous whistleblower. This is more than double the previous record amount of $114 million announced in October 2020.